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dalvyx [7]
3 years ago
9

You went to the store and purchased a pair of sneakers, socks and a shirt. The shirt cost 40% of the cost of the sneakers. The s

ocks cost 20% of the shirt. How much is each item if the total amount spent is $118.40?
Mathematics
1 answer:
frozen [14]3 years ago
3 0
Dh Jane sexiness Mx Mx
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The current year’s depreciation expense using the straight-line method and assuming only one depreciable property, is P20,000. W
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Answer:

Machine's useful number of years = 9 years

Step-by-step explanation:

Using the straight line method, depreciation is calculated as the difference between the cost of the equipment minus the salvage value, all divided by the number of useful years.

Yearly Depreciation

= (Cost - Salvage value) ÷ (Number of useful years)

Yearly depreciation = P20,000

Cost = P200,000

Salvage Value = P20,000

Number of useful years = n

20000 = (200000 - 20000) ÷ n

20000 = (180000/n)

n = (180000/20000) = 9 years

Hope this Helps!!!

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3 years ago
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Troyanec [42]
The answer is the second one
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