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Keea Keea
wrote...
Posts: 389
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6 years ago
The price of a High Definition TV purchased by Scranton High School was 2,034. It cost 100 for delivery and 175 for installation. The salvage value at the end of a 5-year life is 250. Using the sum-of-the-years' digits depreciation, calculate the annual depreciation for year 4.
 A) 274.53
  B) 582.34
  C) 212.18
  D) 674.09

Q. 2

What word is represented by the abbreviation: drm

Q. 3

Sutton Fabricators purchased 50 executive desks for 3,500. Delivery costs totaled 98 and handling costs were 59. The salvage value is 375 after 5 years. Using the double-declining-balance method, calculate the book value at the end of year 2. (Round the declining-balance rate to 4 decimal places, and all dollar amounts to the nearest cent)
 A) 877.68
  B) 2,340.48
  C) 1,316.52
  D) 789.91

Q. 4

What word is represented by the abbreviation: pt
Read 37 times
2 Replies

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Replies
wrote...
6 years ago
Ans. #1

A

Ans. #2

drum

Ans. #3

C

Ans. #4

pint
Keea Author
wrote...
6 years ago
Helps a lot <3 Now I'm ready for my quiz
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