Answer:
Step-by-step explanation:
a) Data and Calculations:
Estimated useful life of a computer = 5 years
Cost of a computer purchased = $2,400
Annual depreciation expense = $480 ($2,400/5)
This means that the business owner chooses to spread (expense) the cost of the computer over 5 years at a rate of $480.
After 3 years, the cost already expensed = $1,440 ($480 * 3)
The Remaining value of this computer after 3 years of use will be $960 ($2,400 - $1,440).
b) Depreciation is an accounting method for spreading (or expensing) the cost of a long-term asset over its useful life.
It’s clearly number 2. 3 and 4 don’t have a 4 so it leaves 1 and 2 1 has gt so that’s wrong so it’s 2 because it has lt
Answer:
742,380952381 <em>OR</em> 31180/42
Step-by-step explanation:
16/42=0,380952381
742+0,380952381=742,380952381
<em>or</em>
(742*42)/42 + 16/42 = (31164+16) /42 = 31180/42
Answer:
-1/3
Step-by-step explanation:
This equation is in y-intersept form; y=mx+b, where m is the slope
