The depreciation for the second year under Double-declining-balance is:$18,525.
<h3>Depreciation</h3>
First year
Year 1 depreciation=$74,100×(1/4×2)
Year 1 depreciation= 37,050
Second year
Year 2 depreciation=($74,100-$37,050)×(1/4×2)
Year 2 depreciation=$37,050×(1/4×2)
Year 2 depreciation= $18,525
Therefore the depreciation for the second year under Double-declining-balance is:$18,525.
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Answer:
The answer is A srry for the late response
Explanation:
Answer: Raise
Explanation:
The options for the question are:
a. Raise
b. Create
c. Reduce
d. Eliminate
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Reasonable <u>assurance</u> that is financial statements are unbiased and credible.
Answer:
$90
Explanation:
Based on the information given we were told that after the assets was replaced at the amount of $115 million, the Company market share price was the amount of $90 which simply means that Paper Express's market value per share will be the market share price of the amount of $90.
Therefore Paper Express's market value per share will be $90.