Answer:
Annual depreciation = $44,400
Explanation:
Given,
Purchase price of the delivery van = $111,000
Salvage value = $11,400
Useful Life = 5 years
We know that
annual depreciation under double declining balance (%) = (100%/useful life)*2
Putting the value in the formula, Annual depreciation (%) = (100%/5)*2
= 40%
Annual depreciation = Purchase Price*Percentage of annual depreciation
Annual depreciation = $111,000*40% = $44,400
Answer:
no idea but im pretty sure its 6 months
Explanation:
becuase i think so
The cost when someone borrows money from someone else is known as interest.
<h3>What is interest?</h3>
Interest rate is the cost of borrowing. It is the amount the borrower pays the lender for use of their funds. It is usually a function of the amount borrowed, length of the loan and the interest rate.
For example, if a person borrows $1000 for 1 year at an interest rate of 10, the interest that would be paid is: $1000 x 0.1 = $100.
To learn more about interest rate, please check: brainly.com/question/14935026
Tires and gas are products needed for cars. Gas need as fuel for car and tire need as footwear for car. Gas is up and there is no need more footwears for car because these products in machine industry depends from each other.
Balance life is the ability to manage one's life effectively, given attention to all that is needed.
<h3>What is balance lifestyle?</h3>
Balanced lifestyle occurs when an individual is able to manage all aspect of life without affecting each other.
The individual is able to work effectively and still have a good time with his or her family.
An individual with a personal business can have a flexible schedule to accommodate all that matters to his lifestyle.
Therefore, Balance life is the ability to manage one's life effectively, given attention to all that is needed.
Learn more about balance life here,
brainly.com/question/17760650
#SPJ4
