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marshall27 [118]
3 years ago
13

A truck acquired at a cost of $80,000 has an estimated residual value of $8,000, has an estimated useful life of 200,000 miles,

and was driven 18,000 miles during the year. Determine the following. If required, round your answer for the depreciation rate to 2 decimal places.(a) The depreciable cost __________. (b) The depreciation rate __________. (c) The units-of-activity depreciation for the year per mile __________.
Business
1 answer:
Alexus [3.1K]3 years ago
6 0

Answer:

a. $72,000

b. $0.36

c. $6,480

Explanation:

a. Depreciation cost = Cost of truck - Residual value

= $80,000 - $8,000

= $72,000

b. The depreciation rate = (Cost of truck - Residual value) ÷ Estimated total production

= ($80,000 - $8,000) ÷ 200,000 miles

= $72,000 ÷ 200,000 miles

= $0.36

c. The units-of-activity depreciation for the year per mile = Driven miles × Depreciation rate

= 18,000 × $0.36

= $6,480

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I think the correct answer to this would be:

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3 years ago
For purposes of determining current​ E&amp;P, which of the following items cannot be deducted in the year​ incurred? A. dividend
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Answer:

A. dividendsminus−received deduction.

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meriva

Answer:

The male frog would join the female frog in the water poodle

Explanation:

Mathematically,

Let x = temperature the 10000 joules from sun Ray would raise the temperature of the copper

So therefore:

10000 = m * (x - 33°) * Spc

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So therefore;

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Answer:

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