The declining-balance method is a method to calculate the depreciation of an item. For this problem, we are prompted to use this method at twice the straight-line rate.
We are presented with the following variables:1. Truck Cost = $35,0002. Residual Value = $2,0003. Service Life = 5 years.
We will be using the following formula:Year 1: (Truck Cost) ÷ (Service Life in years) = xx * 2 = Depreciation for Year 1
As the residual value is the value of the item after the service life, we will not be using this variable.$55,000 ÷ 5 = $7,000$7,000 * 2 = $14,000
$14,000.00 is the depreciation for Year 1.$35,000 - $14,000 = $21,000. At the end of the first year, the book value of the truck is $21,000.
For Year 2, we will apply the same formula to the book value of the truck by the end of Year 1.$21,000 ÷ 5 = ( $4,200 * 2) = $8,400 $21,000 - $8,400 = $12,600. At the end of the second year the book value is $12,600.
The correct answer is C. $12,600.
30 = 2 x 3 x 5
54 =2 x 3x 3 x 3
GCF = 2 x 3=6
30 : 6 = 5; 54 : 6 = 9
30 + 54 = 6 x (5+8)
Answer:
w=10
Step-by-step explanation:
-2=-(w-8)
2=w-8
w=10
Answer:
<u>The correct answer is 48 cups of trail mix.</u>
Step-by-step explanation:
1. Let's review all the information provided for solving this question:
Number of cups of raisins = 2
Number of cups of trial mix = 8
Ratio of cups of raisins to cups of trail mix 2:8 or 1:4, simplifying.
2. How many cups of trail mix will she make if she uses 12 cups of raisins?
For answering this question, we use the ratio 1:4.
If we have 12 cups of raisins, the number of cups of trail mix are 12 * 4 = 48.
<u>The correct answer is 48 cups of trail mix.</u>
Call the number of days 'd' and the number of miles 'm'.
(Original, eh ?)
Then the equation for Gamma's price is
Price-G = 30.39d + 0.55m
and the equation for Delta's price is
Price-D = 50.31d + 0.43m .
We're going to set the prices equal, and find out
what the number of miles is:
Price-G = Price-D.
30.39d + 0.55m = 50.31d + 0.43m .
Before we go any farther, I'm going to assume that both cases would be
one-day rentals. My reasons: ==> the solution for the number of miles
depends on how many days each car was rented for; ==> even if both
cars are rented for the same number of days, the solution for the number
of miles depends on what that number of days is.
For 1-day rentals, d=1, and
30.39 + 0.55m = 50.31 + 0.43m .
Beautiful. Here we go.
Subtract 0.43m
from each side: 30.39 + 0.12m = 50.31
Subtract 30.39
from each side: 0.12m = 19.92
Divide each side by 0.12 : m = 166 .
There it is ! If a car is rented from Gamma for a day, and another car
is rented from Delta for a day, and both cars are driven 166 miles, then
the rental prices for both cars will be the same ... (namely $121.69)