Answered step by step
Verified Expert Solution
Question
1 Approved Answer
33. A machine costs $5000, Salvage value = $1000, N = 5, using triple declining balance method, the final book value with adjustment, if any,
33. A machine costs $5000, Salvage value = $1000, N = 5, using triple declining balance method, the final book value with adjustment, if any, at year 4 is most nearly. A. 128 B. 1800 C. 1000 D. 200 E. no correct answer 34. A machine costs $5000, Salvage value = $1000, N = 5, using straight line depreciation method, the book value at year 4 is most nearly. A. 1000 B. 1500 C. 1800 D. 1200 E. 1600 35. A machine costs $12000, Salvage value = $1550, N = 4, using double declining balance deprecation method, we found that the final book value (with adjustment, if any) at year 4 is most nearly. A. 750 B. 1500 C. 1550 D. 1450 E. no correct answer 36. A machine costs $12000, Salvage value = $1550, N = 4, using double declining balance deprecation method, we found that the final depreciation charge (with adjustment, if any) at year 3 is most nearly. A. 750 B. 1500 C. 1450 D. 1650 E. no correct
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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