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Debora [2.8K]
3 years ago
12

The rate of daily marijuana smoking in 2011 by high school seniors stood at _____________. 4.2 percent 5.3 percent 6.6 percent 7

.2 percent
Business
1 answer:
SpyIntel [72]3 years ago
6 0
The rate of daily marijuana smoking in 2011 by high school seniors stood at 7.2 percent, number that increases every year; in 2011 2.4% of the teenagers over 15 years old admitted using psychotherapeutic medications as drug, 0.2% admitted using cocaine and 4.2% tranquilizers. Today, that bad habit is shared with cigarrets and alcohol. 
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​task-focused; employee-focused

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On January 1, 2021, the Allegheny Corporation purchased equipment for $295,000. The estimated service life of the equipment is 1
svetlana [45]

Answer:

a.

2021  =  $50,000

2022 = $45,000

b.

2021  = $275,000

2022 = $0

Explanation:

a. Sum-of-the-years'-digits.

Sum of digits for the 10 years will be :

Year 1      =      10

Year 2     =       9

Year 3     =       8

Year 4     =       7

Year 5     =       6

Year 6     =       5

Year 7     =       4

Year 8     =       3

Year 9     =       2

Year 10   =         1

Sum of Digits = 55

therefore,

2021 depreciation = 10/55 x ($295,000 - $20,000)

                               = $50,000

2022 depreciation = 9/55 x ($295,000 - $20,000)

                               = $45,000

b. One hundred fifty percent declining balance.

2021 depreciation = 150% x ($295,000 - $20,000)

                               = $412,500

<em>Can not be charged above book value of $275,000</em>

2022 depreciation = 150% x ($295,000 - $20,000- $412,500)

                               = $0

6 0
3 years ago
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