Answer:
The book value of the machine at the end of year 2 is $35,000
Explanation:
Straight line method depreciates the asset on its useful life after deducting salvage value from the cost of the asset.
Depreciation per year = ( Cost of Machine - Residual Value ) / Useful life
Depreciation per year = ( $42,000 - $7,000 ) / 10 years
Depreciation per year = $3,500 per year
Book value of machine at the end of year 2 = $42,000 - ( $3,500 x 2 )
Book value of machine at the end of year 2 = $42,000 - $7,000
Book value of machine at the end of year 2 = $35,000
Answer:
being open and honest builds a sense of self-worth. It is about being moral, truthful to yourself and with others.
Explanation:
If pentagon F G H J K is similar to pentagon M P Q S T the value of x is: 13.5.
<h3>Pentagon</h3>
Pentagon F G H J K=Pentagon M P Q S T
F K/ M T=J H/S R
Where:
F K=6cm
M T=9cm
J H=9cm
S R=x
Hence:
6/9=9/x
Cross multiply
6x=81
Divide both side by 6x
x=81/6
x=13.5
Inconclusion if pentagon F G H J K is similar to pentagon M P Q S T the value of x is: 13.5.
Learn more about pentagon here:brainly.com/question/858867
Answer:
Financial markets help to efficiently direct the flow of savings and investment in the economy in ways that facilitate the accumulation of capital and the production of goods and services.
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