Answer:
Given:
POS system = 3,400
useful life = 10 years
salvage value = 400
double declining method means that the depreciation expense is higher in the early years than the later years of the asset.
Straight line depreciation = (3,400 - 400) / 10 yrs = 300
300 / 3000 = 0.10 or 10%
10% x 2 = 20% double declining rate
Depreciation expense under the double declining method:
Year 1: 3,400 x 20% = 680 depreciation expense.
Year 1 book value = 3,400 - 680 = 2,720
Year 2 : 2,720 x 20% = 544 depreciation expense
Year 2 book value = 2,720 - 544 = 2,176
Answer:
25
Step-by-step explanation:
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Answer:
The length of the backboard is 105 cm.
Step-by-step explanation:
You can find the length be dividing area/width. The area is 18,900 cm squared. The width is 1.8 meters or 180 cm. 18,900/180 = 105 cm. You can check by multiplying length by width, if you get the area, then the answer is correct.
