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barxatty [35]
2 years ago
14

An asset has a cost of $50,000, with a residual value of $10,000. It has a life of 5 years and was purchased on January 1. Under

double-declining-balance, what’s the asset’s fourth full year of depreciation expense?
Mathematics
1 answer:
frutty [35]2 years ago
3 0

The asset’s fourth full year of depreciation expense will be $6,666.67.

<h3>What is double-declining-balance?</h3>

An enhanced technique for recording loss over the lifetime of a product by adjusting the item's starting sales price by a discount factor.

An asset has a cost of $50,000, with a residual value of $10,000.

It has a life of 5 years and was purchased on January 1.

Then the asset’s fourth full year of depreciation expense will be

Annual depreciation = (cost – salvage value)/ useful life

Annual depreciation = (50000 – 10000) / 5 = $8,000

Year 1 Depreciation (for 10 months, from March to December) = $8,000 × 10/12 = $6,666.67.

More about the double-declining-balance link is given below.

brainly.com/question/24296752

#SPJ1

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Consider the probability that fewer than 26 out of 107 cell phone calls will be disconnected. Assume the probability that a give
anyanavicka [17]

Answer:

We assume the condition of independence satisifed.

We need to check the following conditions in order to use the normal approximation.

np=107*0.98=104.86 \geq 10

n(1-p)=107*(1-0.98)=2.14 < 10

So we see that we satisfy the first condition, but the second no so then we can't apply the approximation for this case, since we need both conditions at the same time in order to use the normal approximation.

Step-by-step explanation:

Previous concepts

The binomial distribution is a "DISCRETE probability distribution that summarizes the probability that a value will take one of two independent values under a given set of parameters. The assumptions for the binomial distribution are that there is only one outcome for each trial, each trial has the same probability of success, and each trial is mutually exclusive, or independent of each other".

Let X the random variable of interest, on this case we now that:

X \sim Binom(n=107, p=0.98)

The probability mass function for the Binomial distribution is given as:

P(X)=(nCx)(p)^x (1-p)^{n-x}

Where (nCx) means combinatory and it's given by this formula:

nCx=\frac{n!}{(n-x)! x!}

Solution to the problem

We assume the condition of independence satisifed.

We need to check the following conditions in order to use the normal approximation.

np=107*0.98=104.86 \geq 10

n(1-p)=107*(1-0.98)=2.14 < 10

So we see that we satisfy the first condition, but the second no so then we can't apply the approximation for this case, since we need both conditions at the same time in order to use the normal approximation.

4 0
3 years ago
Between which two consecutive integers is each number located on a number line?
nata0808 [166]

Answer:

0 < 0.99 < 1

Step-by-step explanation:

Given

Number = 0.99

Required

Determine the interval which it belongs

The given number is less than 1

i.e.

0.99 < 1

And it is greater than 0.

0.99 > 0

So, the number is located between 0 and 1

i.e.

0 < 0.99 < 1

7 0
3 years ago
There are 12 inches in 1 foot. Jada is working on improving her vertical jump. She records,
guajiro [1.7K]

Answer:

There are <u>72 inches</u> in 6 feet.

Step-by-step explanation:

Given:

There are 12 inches in 1 foot.

Jada is working on improving her vertical jump.

Currently, her standing reach is 6 feet from the ground.

Now, to find the inches in 6 feet.

Let the inches in 6 feet be x.

As given:

In 1 foot there are 12 inches.

<em>So, 1 foot is equivalent to 12 inches.</em>

<em>Thus, 6 feet is equivalent to </em>x<em />

Now, to find using cross multiplication method:

\frac{1}{12} =\frac{6}{x}

<em>By cross multiplying we get:</em>

x=72

So, the inches in 6 feet = 72.

Therefore, there are 72 inches in 6 feet.

3 0
4 years ago
Estimate.Then find the product<br><br><br>Please show work and estimate
Oduvanchick [21]
Estimate that 500 x 4 = 2,000
+ 50 x 4 = 200
+ 6 x 4= 24
so you can estimate somewhere between 2,000-2,224

To multiply:
Start with 6 x 4 which equals 24.
You can only put the last letter in the answer and carry the two over the second 5.
Next comes 5 x 4 + the 2 you carried, so 22.
Write down a two in the answer and carry the next two.
5 x 4 + 2 again is 22, this time, since there are no numbers left to carry the 2 over to, you're left with 2,224.

7 0
3 years ago
Read 2 more answers
You go to the mall and your mom gives you $60 to spend on back to school clothes. There is a shirt you want for $80, but it is 2
PolarNik [594]

Answer:

yes you will

Step-by-step explanation:

25% off of 80 is 60

4 0
3 years ago
Read 2 more answers
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