This topic contains a solution. Click here to go to the answer

Author Question: What is the fourth-year depreciation of an office filing cabinet that originally cost 2,000 and has ... (Read 122 times)

Jramos095

  • Hero Member
  • *****
  • Posts: 528
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
Answer to Question 1

correct: d

Answer to Question 2

correct: a




Jramos095

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


bimper21

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

For a complete list of videos, visit our video library