Answer:
2/5
Step-by-step explanation:
Given Marcellus drank 1/4 gallon of the limeade and Marcy drank 1/8 gallon of the limeade
Given that only 5/8 portion of the pitcher contains limeade
Total amount drunk = amount drunk by Marcellus + amount drunk by Marcy
Total amount drunk = =
The amount of Limeade remained = The amount initially - the amount drunk
The amount remained = =
Fractional part = amount remained / amount initially = =
Answer:
option (a) $6,240
Step-by-step explanation:
Given:
Purchasing cost of the equipment = $82,000
Estimated life = 5 years
Salvage value = $4,000
Revised expected life = 8 years
Now,
Depreciation per year =
therefore,
The accumulated Depreciation at the beginning of year 4
= Annual depreciation × years passed
= 15,600 × 3
= $46,800
Thus,
The book value at the beginning of year 4
= Purchasing cost - Depreciation
= $82,000 - $46,800
= $35,200
Now,
The remaining life = Revised estimated life - Years passed
= 8 - 3
= 5 years
therefore,
Depreciation expense =
=
= $6,240
Hence,
The correct answer is option (a) $6,240