FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The value of a new photocopier is $8894. Its value depreciates by 26% in the first year, 21% in the second year and 16% reducing

The value of a new photocopier is $8894. Its value depreciates by 26% in the first year, 21% in the second year and 16% reducing balance in the remaining 7 years. The value of the photocopier after this time, to the nearest dollar, is:

  1. $1534
  2. $1851
  3. $2624
  4. $3000
  5. $3504

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

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

Get Started

Recommended Textbook for

Introduction to Business Law

Introduction to Business Law

Authors: Jeffrey F. Beatty, Susan S. Samuelson

5th edition

128586039X, 978-1305445840, 1305445848, 978-1285860398

Students also viewed these Accounting questions

Question

★★★★★
Professor Steven K. studies large-group decision making. He collects research data by asking students to perform a variety of decision tasks in carefully controlled settings. Professor K varies the...

Answered: 1 week ago

Question

★★★★★
Figure 2-36 is a position versus time graph for the motion of an object along the x axis. Consider the time interval from A to B (a) Is the object moving in the position or negative direction? (b) Is...

Answered: 1 week ago

Question

★★★★★
Compare social roles with gender roles. Critical T hinking

Answered: 1 week ago

Question

★★★★★
Jensen Tire & Auto is deciding whether to purchase a maintenance contract for its new computer wheel alignment and balancing machine. Managers feel that maintenance expense should be related to...

Answered: 1 week ago

Question

★★★★★
CS1412, Spring 2023 Programming Principles 2 Lab Assignment 1 Due Tuesday, 312023,11:59 PM [Q1] After studying the population growth of Gotham City in the last decade of the 20th century, we have...

Answered: 1 week ago

Question

★★★★★
Now or Later, Inc. recently paid $2.10 as an annual dividend. Future dividends are projected at $2.2, $2.9 and $4 over the next three years, respectively. At the end of the third year, you expect to...

Answered: 1 week ago

Question

★★★★★
Which examples of headings, lists, and colons show correct capitalization? Instruction: Choose all options that best answer the question. Answer Choices The CFO released the document "Taxation...

Answered: 1 week ago

Question

★★★★★
haimi, [25/05/2022 3:47 PM] A small business enterprise makes dresses and trousers. To make a dress requires 2 hours of cutting and 2 hours of sewing. To make trousers requires 1 hour of cutting and...

Answered: 1 week ago

Question

★★★★★
A training organisation purchases aheavy volume copier for large workloadson 1/7/2022 for $36,000 [GST exclusive]. It has a useful life of 4 years and a residual value of $4,000 [GST exclusive]....

Answered: 1 week ago

Question

★★★★★
The given multivariable function is as follows: f ( x , y ) = ky 2 - 2 y 3 - kx 3 + 2 kxy . A. Given that the function f ( x,y ) in the Assumptions section has a critical point at (0,0), use a second...

Answered: 1 week ago

Question

★★★★★
How often should braille accommodations be provided? A. Never, not enough people use it. B. Always, regardless of how many people use it. C. Sometimes if it was requested by someone who needs it. D....

Answered: 1 week ago

Question

★★★★★
1. Discuss the difference between Civil and Criminal Law. Why is it possible for a defendant to be found innocent in a Criminal trial and guilty in a Civil trial for the same offense? 2. What types...

Answered: 1 week ago

Previous Question Next Question