This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the fourth-year depreciation of an office filing cabinet that originally cost 2,000 and has ... (Read 140 times)

Jramos095

  • Hero Member
  • *****
  • Posts: 528
on: Jun 24, 2018
What is the fourth-year depreciation of an office filing cabinet that originally cost 2,000 and has a salvage value of 600? Use the MACRS method.
 
 

  a.115.20
  b.178.60
  c.12.49
  d.249.80

Question 2

What is the second-year depreciation of a typewriter that originally cost 1,000? Use the MACRS method.
 
 

  a.44.45
  b.320
  c.24.49
  d.18


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ahernandez18

  • Sr. Member
  • ****
  • Posts: 361
Reply #1 on: Jun 24, 2018
Answer to Question 1

correct: d

Answer to Question 2

correct: a


Jramos095

  • Member
  • Posts: 528
Reply 2 on: Jun 24, 2018
:D TYSM

komodo7

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own
A commercial eyewash station. In a medical office, the eyewash station is likely to be attached to a A commercial eyewash station. In a medical office, the eyewash station is likely to be attached to a
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
Cost of Laptops Cost of Laptops
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Walking into new year kids drawing Walking into new year kids drawing
Video: Introduction to Genetics

For a complete list of videos, visit our video library