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Alisiya [41]
3 years ago
14

A company purchased a delivery van for $28,000 with a salvage value of $3,000 on September 1, Year 1. It has an estimated useful

life of 5 years. Using the straight-line method, how much depreciation expense should the company recognize on December 31, Year 1?
Mathematics
1 answer:
Tems11 [23]3 years ago
4 0

Answer:

Depreciation till December 31, Year 1 will be equal to 1,250$

Step-by-step explanation:

Purchasing Cost = 28,000$

Salvage Value = 3,000$

Total Depreciation:

Total Depreciation over 5 years (60 Months) = Purchasing Cost - Salvage Value

Total Depreciation over 5 years (60 Months) = 28,000 - 3,000

Total Depreciation over 5 years (60 Months) = 25,000$

Monthly Depreciation:

Using the unity method we have monthly depreciation by dividing the total depreciation by the total no. of months as below:

Total Depreciation over a single month =25,000/60

Total Depreciation over a single month = 416.67$ (Monthly Depreciation)

Depreciation till December 31, Year 1

As from September 1, Year 1 to December 31, Year 1, its been 3 months therefore total depreciation will be = 3 * Monthly Depreciation

Depreciation till December 31, Year 1 = 3 * 416.67

Depreciation till December 31, Year 1 = 1,250$

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Answer:

\frac{2}{3}  +  \frac{4}{5}

=  \frac{10 + 12}{15}

=  \frac{22}{15}

= 1 \frac{7}{15}

6 0
3 years ago
Read 2 more answers
Please help me? Show your work please! I give brainiest! (Or whatever it’s called :) )
azamat
You need to find the hypotenuse of the right triangle.

4² + 9² = c²
16 + 81 = c²
97 = c²
9.85 = c

There are 5,280 ft in a mile.
Multiply 9.85 by 5,280.

9.85 × 5,280 = 52,008
Multiply 52,008 by 110.

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8 0
2 years ago
I need some help:
dedylja [7]

The unit rate is another way of saying speed, so we divide the distance over the time. We can pick on any row

If we pick row 1, then, speed = distance/time = 90/2 = 45

Row 2 says the same thing: 135/3 = 45

So does row 3: 225/5 = 45

and so on

Because the speed is 45 mph, the unit rate is 45 miles in one hour. The term "unit" implies how much distance can be covered in one unit of time, in this case 1 hour.

You have the correct answer. Nice work.

6 0
2 years ago
What is the answer?
Bad White [126]

Answer:

k=3

Step-by-step explanation:

+ we note f(p)= p^{4}+p^{2}  +p -k

+ Because of "p-1 is a factor of f(p)", that means f(p)= (p-1)* g(p)

Then we have f(1)= (1-1)*g(1)= 0* g(1)= 0

+ We replace p=1 in f(p) and we have:

f(1)=0

that means: 1^{4}+1^{2} + 1 - k=0

then 1+1+1-k = 0, 3-k=0 or k=3

Hope that useful for you.

8 0
2 years ago
I am the number of red tiles in a design with red and blue tiles. The red tiles each have 3 sides. The blue tiles each have 5 si
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If each blue tile has 5 sides and you know you have 3 blue tiles you can multiply 5 by 3
5 x 3 = 15 sides


Next you know the total number of sides is 30 and you just figured out that your 3 blue tiles have a total of 15 sides so you can subtract 15 from 30 to find how many sides are left
30 - 15 = 15sides

Since you know that these are not blue tiles because in the question it stated that you have 3 blue tiles. These have to be sides for red tiles.

Each red tile have 3 sides so you can divide 15 by 3
15/3 = 5

There are 5 red tiles
You are the number 5


8 0
2 years ago
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