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Arturiano [62]
3 years ago
15

A computer equipment was acquired at the beginning of the year at a cost of $56,000 with an estimated residual value of $5,000,

and an estimated useful life of 5 years. What is the assets book value at the end of year 3?
Business
2 answers:
Nataliya [291]3 years ago
7 0

Answer:

Book value = original cost - accumulated depreciation

= $56,000 - $30,600

=$25,400

Tju [1.3M]3 years ago
5 0

Answer:

=$25,400

Explanation:

The cost of the compute was $56,000

The residual value was 5000

Useful life is 5 years

Using the straight-line depreciation method, book value after three years will be

The depreciable amount will be the asset cost value - residual value

= $56,000 - $5000

= $51,000

The depreciation rate will be 1/5 year x 100 = 20%

depreciation per year will be 20% x 51,000

= 20/100 x 51,000

=$10,200

Depreciation for three years will be $10,200 x 3= $30,600

The book value after 3 years :

Book value = original cost - accumulated depreciation

= $56,000 - $30,600

=$25,400

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Answer:

$10,974.05

Explanation:

Given that,

Amount to accumulated = $25,000 in two years

Interest rate = 9%

Let the amount be X,

Total amount after two years:

= Year 1 + Year 2

= X(1.09)^2 + X(1.09)

= 1.1881 X + 1.09X

= 2.2781 X

SO,  Total amount after two years:

2.2781 X = 25,000

X = 25,000 ÷ 2.2781

  = $10,974.05

Hence, the amount deposited at the beginning of each year is $10,974.

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4 0
3 years ago
Riley operates a plumbing business, and this year the three-year-old van he used in the business was destroyed in a traffic acci
Mnenie [13.5K]

Answer:

$4,600

Explanation:

Data provided in the question:

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Southwest Airlines offers vacation packages that include airfare, car rental, and lodging. Southwest is using a(n) <u>bundle </u>pricing strategy.

What is bundle pricing ?

A pricing strategy in which managers offer multiple products or services as a single package ("bundle") is called bundle pricing.

Motivation of bundle pricing:

Particularly useful if your customers' demand is highly variable but price discrimination is impractical.

When consumers' price sensitivity of demand varies widely and market conditions make price discrimination difficult

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It is a method of simulating perfect price discrimination when perfect price discrimination is not possible or when charging multiple prices for the same product is illegal.

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Learn more about bundle pricing here: brainly.com/question/23175408

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