Answer:10
Step-by-step explanation:5(7)9(7)
<em>1/3 of the profits is $1632 * 1/3 which would equal, $544</em>
<em />
<em>so 726- 544= $182 sweatshirt sales </em>
<em>but we're looking for 1/3 of sweatshirt sales, so </em>
<em>3 * 182 = $546 and that's your answer </em>
Answer:
Option D.
Step-by-step explanation:
Cost of truck = $16000
Residual value after 5 years = $1000
Depreciated value of a truck in 5 year is
In straight-line method, the value of a fixed asset depreciate by a constant rate.
Since depreciation of truck in 5 years is $15000, therefore, the depression of one year is
1 year Depreciation =
From July 3 to end of fist year = 1/2 year
1/2 year Depreciation =
So, the value at the end of year 1 using straight-line rate is
Therefore, the correct option is D.