Large eyes to help them see even better
4 buttons can be sewn on each shirt
Answer:
The asset's depreciable basis is:
= $270,500
Explanation:
a) Data and Calculations:
Equipment purchase cost = $250,000
Freight charges = 500
Installation costs = 750
Sales tax 18,750
Special consultant fee 500
Total acquisition costs = $270,500
Depreciable basis = Acquisition costs - Salvage value
= $270,500 - $0
= $270,500
b) The depreciable basis is the amount of the asset that is subject to depreciation over its useful life. This amount is obtained by subtracting the salvage value from the acquisition costs. The acquisition costs include the purchase price of an asset plus the costs incurred to put the asset into service, which include any sales taxes, delivery charges, and installation fees.
The increase in price as the quality increase
For a score with a range between 300-850, a credit score of 700 or above is generally considered good.<u> A score of 800 or above on the same range is considered to be excellent.</u> Most credit scores fall between <u>600 and 750</u>.
I have provided a chart for further info on this topic.
Hope this helps! :P
