Answer:
1/2 x 1/8 = 1/16 in fraction form.
This is 1.446 * 10^9 / 6.025 * 10^4 = 0.24 * 10^5 = 2.4 * 10^4 Answer
160 is 100% of 160, 480 is 4 times that. So 400%
Straight line depreciation applies the same amount of depreciation in each year.
Our Depreciation Base is 21,000 - 1,000 = 20,000
The useful life is 5 years, so each year we depreciate 20,000 ÷ 5 = 4,000
Book Value is Cost - Accumulated Depreciation
After Year 1:
Book Value = 21,000 - 4,000 = 17,000
Answer is A) 17,000
