Change the percents to decimals or mixed/whole numbers; change the decimals, fractions, or whole numbers to percents.
a. 0.27 = ______
b. 65 = ______
c. 1/2 = ______
Q. 2Young Manufacturing uses the sum-of-the-years-digits method of depreciation. A piece of heavy equipment costing 37,500 has an estimated life of five years and an estimated scrap value of 2,700 . Compute the amount of depreciation taken in the third year.
Q. 3Change the percents to decimals or mixed/whole numbers; change the decimals, fractions, or whole numbers to percents.
a. 1.7 = ______
b. 7/8 = ______
c. 1.7 = ______
Q. 4Brook Stone and Paving purchased a new truck for 68,500 . The truck has an estimated life of four years and an estimated scrap value of 4,500.The company uses the double-declining-balance method of depreciation. Compute the book value at the end of the third year.
Q. 5Change the percents to decimals or mixed/whole numbers; change the decimals, fractions, or whole numbers to percents.
a. 250 = ______
b. 1 3/4 = ______
c. 0.35 = ______
Q. 6Brook Stone and Paving purchased a new truck for 68,500 . The truck has an estimated life of four years and an estimated scrap value of 4,500.The company uses the double-declining-balance method of depreciation. Compute the depreciation for the third year.
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