1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
labwork [276]
3 years ago
11

Every computer that a business owner purchases will lose most of its value after 5 years of use. the owner plans to purchase a c

omputer for $2.100 and replace it after 4 years.
The business owner bought a computer that cost $2,400 instead of $2,100. the owner plans to replace the computer after 3 years instead of 4 years. Comparing both methods, which statement is true about the remaining value of this computer after 3 years of use ?
Mathematics
1 answer:
pickupchik [31]3 years ago
5 0

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.

You might be interested in
4,3⅔,3⅓,3 common difference
Lana71 [14]

Answer:

one third

Step-by-step explanation:

3 0
3 years ago
What is the solution to this equation -4x + 2=26
wolverine [178]

-4x+2=26           <em>subtract 2 from both sides</em>

-4x=24             <em>divide both sides by (-4)</em>

\boxed{x=-6}

8 0
3 years ago
Read 2 more answers
What is the measure of ZB?<br> 28<br> 36<br> B<br> [?] degrees<br> Enter
Sindrei [870]
All triangles have a measurement of 180 degrees. Therefore, we can use this information to make an equation to find the value of angle B.

Angle B = 180 - (28 + 36)
Angle B = 180 - 64
Angle B = 116

So, angle B is equal to 116 degrees.
4 0
3 years ago
At a sale, shirts were sold for $20 each. This price was 80% of their original price. What was the original price?
-BARSIC- [3]

Answer:

100%hajsmsmwkwkkqjwjnwnw

7 0
3 years ago
The probability that a house in an urban area will develop a leak is 6%. If 10 houses are randomly selected, what is the probabi
jeka57 [31]
9.4 is the answer because 6% of 10 is .6 and you do 10-0.6
6 0
2 years ago
Other questions:
  • How many centigrams are there in 24 grams?
    15·1 answer
  • Consider the function f(x) = x2. Which of the following functions shifts f(x)
    8·1 answer
  • What type of number is π/2
    11·1 answer
  • Kenny bought 20 packs of baseball cards. There are 12 cards in each pack. How many cards did Kenny buy?
    7·2 answers
  • Please helpp with this!!
    8·1 answer
  • How can technology be used to create constructions in gemoetry
    8·1 answer
  • Angela uses a force of 25 Newtons to lift her grocery bag while doing 50 Joules of work. How far did she lift the grocery bags?
    9·1 answer
  • What is the volume of the prism?
    10·2 answers
  • 4. Which of the following is NOT one of the three ways to express a ratio? a. b. 3:4 c. 3 of 4 d. 3 to 4 5.
    10·2 answers
  • A square has an area of 9ft^2 what is the length,in feet of each of the square sides
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!