The book value of the equipment is $14000
Given,
equipment cost = $20,000
depreciation amounts = $6,000
book value of the equipment = equipment cost - depreciation cost
= 20000 - 6000
= $14000
<h3>What Are Depreciation Expenses?</h3>
Depreciation expense, on the other hand, is the amortized portion of the cost of the business's fixed assets during a certain period. Depreciation expense is recognized in the income statement as a non-cash expense that reduces the net income or profit of the business. For accounting purposes, depreciation expense is debited and accumulated depreciation is credited.
Depreciation expenses are treated as non-cash expenses because periodic monthly amortization is not involved in cash transactions.
To learn more about depreciation amounts from given link
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You need to know 20% of $5000. "Of" means "times".
$5000 x 0.20 (which is 20% written as a decimal)
=$1000 profit she wants to make
$5000 (original price) + $1000 (profit) = $6000 (sale price)
The length would be 230, and the width would be 170, and since there are 4 sides there would be 2 of each. So 230x2=460 and 170x2=340. 460+340= 800
Answer: C
<u>Step-by-step explanation:</u>
Degree of 5 means there are 5 roots.
If 3 roots are real, then there are 2 remaining - which must be imaginary.
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➷ Multiply the number of beads per necklace by the number of necklaces:
58 x 36 = 2088
This is the number of beads needed per each craft fair.
Multiply this value by 4 to get the final value:
2088 x 4 = 8352.
She will need 8352 beads.
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➶ Hope This Helps You!
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