Find 3/8(3/4+5/6)−1/2. Write your answer as a fraction in simplest form.
1 answer:
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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
The equation of a line starting from two points is:
From the first point you get: x1 = -1, y1 = -2
From the second point you get: x2 = 3, y2 = 10
Replace x1, y1, x2, y2 in the equation of the line and you get:
From this you get the equation of your line:
From the first point you get: x1 = -1, y1 = -2
From the second point you get: x2 = 3, y2 = 10
Replace x1, y1, x2, y2 in the equation of the line and you get:
From this you get the equation of your line: