Answer:
Step-by-step explanation:
We have a geometric sequence with:
, 
, and 
Where
Sn is the sum of the sequence
r is the common ratio
is the first term in the sequence
n is the number of terms in the sequence
The formula to calculate the sum of a finite geometric sequence is:
Then:
Now we solve for
Answer:
Given:
POS system = 3,400
useful life = 10 years
salvage value = 400
double declining method means that the depreciation expense is higher in the early years than the later years of the asset.
Straight line depreciation = (3,400 - 400) / 10 yrs = 300
300 / 3000 = 0.10 or 10%
10% x 2 = 20% double declining rate
Depreciation expense under the double declining method:
Year 1: 3,400 x 20% = 680 depreciation expense.
Year 1 book value = 3,400 - 680 = 2,720
Year 2 : 2,720 x 20% = 544 depreciation expense
Year 2 book value = 2,720 - 544 = 2,176
Answer:
It should be $28500
Step-by-step explanation:
76000 x 3/8 = 28500
value of shop:76000
robert owns:3/8
Answer:
is ur mom
Step-by-step explanation:
cause she so fat
