Answer:
$260,437.50
$108,750
Step-by-step explanation:
Here is the complete question :
Fill in the book value at the end of year 1 under each depreciation method when residual value is $36,000 and useful life is 4 years: Depreciation method:
Straight-line $335,250
Units-of-Output
Double-declining $217,500
Book value = cost of the asset - first year depreciation expense
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
(335250 - 36,000) / 2 = $74,812.50
Book value = $335,250 - $74,812.50 = $260,437.50
Depreciation expense using the double declining method = Depreciation factor x cost of the asset
Depreciation factor = 2 x (1/useful life) = 2/4 = 0.5
$217,500 x 0.5 = 108,750
Book value = $217,500 - 108,750 = $108750
Answer:
64 miles
Step-by-step explanation:
Number of miles driven in 45 minutes = 48 miles
We need to find how many miles will the truck drive drive in one hour. Since the rate is the same, the distance covered in each minute remains the same.
Number of miles driven in 1 minute = miles
Since, 1 hour = 60 minutes, we can write:
The number of miles driven in 1 hour (60 minutes) = miles
This means the truck driver can drive 64 miles in an hour.
HOPE THIS HELPS! :)
What is the easiest way to divide whole numbers to fractions?
Just follow these two easy steps:
1. Multiply the whole number to the denominator of the fraction. In other words, the bottom number of the fraction will be multiplied to the whole number, like this:
12 ÷ 6/7 = n
<u> 6 </u>
7 x 12
You will have 6/ 84.
2. Simplify.
6 = 1, 2, 3, 6
84= 1, 2, 3, 4, 6, 7, 12, 14, 21, 42, 84
the GCF is 6. divide both numbers by 6, so the answer will be 1/14.
You can also get the reciprocal and proceed to multiplication , like this: (12/1 is the fractional form or the whole number 12.)
1/12 x 6/7=n
that makes 6/84 or 1/14.
