Biology Forums - Study Force

Compute the missing value.
 a. 100 cars were sold in October, but only 80 cars were sold in November. The rate of decrease was ______.
  b. Start with 115; increase by 40; end up with ______
  c. An increase by 6.40 is 16 of the base value ______.

Q. 2

A real estate office using the double-declining-balance method of depreciation purchased office furniture costing 9,00 . and put it into use on April 1 . The furniture is expected to have a useful life of 10 years and an estimated resale value of 600 . Compute the depreciation expense for April 1 through December 31 of the first tax year and all 12 months of the second and third years.

Q. 3

Compute the missing value.
 a. 80 homes were sold in April, but only 68 homes were sold in May. The rate of decrease was ______.
  b. Start with 120; increase by 50; end up with ______
  c. An increase by 7.50 is 12 of the base value ______.

Q. 4

An insurance office purchased office furniture costing 9,00 . and put it into use on April 1 . The furniture is expected to have a useful life of 10 years and an estimated resale value of 600 . Using the straight-line method of depreciation, compute the book value at the end of the third year.

Q. 5

Compute the missing value.
 a. The price decreased from 16.50 to 13.20; the percent decrease was __________.
  b. Increasing the base value 217 by 100 . yields the new value __________.
  c. Decreasing the base value _________ by 75 gives a decrease of 90 units.

Q. 6

An insurance office purchased office furniture costing 9,600 and put it into use on April 1 . The furniture is expected to have a useful life of 10 years and an estimated resale value of 600 . Using the straight-line method of depreciation, compute the depreciation expense for April 1 through December 31 of the first year and all 12 months of the second year.

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Thank you for taking the time to explain this, just got my quiz back: Perfect