Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 27, 2024

1)You Acquire a used car for 2000euro with a remaining useful life of 5 years, after which you expect to sell the remaining parts for

1)You Acquire a used car for 2000euro with a remaining useful life of 5 years, after which you expect to sell the remaining parts for 500 euros. What is the depreciation amount in the first year using declining balance method?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

=+a, and B, as defined by (5.41). Show that B1 - o2 = O(1/n), so that n- 1N > 1; with probability 1. Show for a function f on the state space that n-1Ex- , f( X) > LT; f(i) with probability 1. Show...

Answered: 1 week ago

Question

★★★★★

A CPAs audit working papers contain a narrative description of a segment of the Croyden Factory, Inc., payroll system and an accompanying flowchart as follows: The internal control system with...

Answered: 1 week ago

Question

★★★★★

Andee Company spends $4.28 in variable costs for each product produced. Fixed manufacturing overhead costs are $103,813 a year. This year, they produced 10,000 units. What is the average TOTAL cost...

Answered: 1 week ago

Question

★★★★★

Rashad, an unmarried individual with four dependent children ( ages 5 to 1 5 ) had the following income items: Salary Interest income Dividend eligible for 2 0 % rate $ 5 2 0 , 6 0 0 2 4 , 8 0 0 4 8...

Answered: 1 week ago

Question

★★★★★

Refer to Figure 12-4. Potential GDP equals $500 billion. The economy is currently producing GDP1 which is equal to $400 billion. If the MPC is 0.8, then how much must autonomous spending change for...

Answered: 1 week ago

Question

★★★★★

Paul Simon shoots a .2 kg puck at 25 m/s and Patrick Roy catches the puck for .3 seconds. How much force does Patrick Roy absorb?

Answered: 1 week ago

Question

★★★★★

Question 4. (11 points) Assume that a closed economy is characterized by the following equations: Consumption: C = 100 + (2/3) (Y -T) Tax: T = 600 Government spending: G = 500 Investment: I = 800 -...

Answered: 1 week ago

Question

★★★★★

1.Suppose you have two part-time jobs, Restaurant Server and Uber Driver. After younger servers start working for less, employers pay only $11 instead of $14 per hour. What happens to your supply of...

Answered: 1 week ago

Question

★★★★★

Problem 1 - Brinell E Rockwell El Bookmark this page Test clue Jul 2?, 202212200 {33 Brinell 8. Rockwell D.Dl'2. points [gradedl Brinell s Rockwell lBaRl is a high-end manufacturer of cutting and...

Answered: 1 week ago

Previous Question Next Question