A bag has 4 orange scraps, 2 blue scraps, and 3 speckled scraps. You randomly pull a scrap from the bag, put it back, and then p
1 answer:
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The <u>correct answer</u> is:
$5,000.
Explanation:
When it is first purchased, the depreciation expense is calculated using the formula:
The cost was $23,000; the salvage value was $3,000; and the useful life was 8 years:
This means the value of the vehicle depreciates $2500 per year.
After 4 years, the vehicle would depreciate 2500(4) = $10,000.
This makes the new value $23000-$10000 = $13000.
Reevaluating the depreciation expense at this point, we use $13000 for the "cost" (current value), $3000 is still the salvage value, and now the total useful life was 6; we take 4 off of this, since it has already been 4 years:
The depreciation expense in year 5 is $5,000.
$5,000.
Explanation:
When it is first purchased, the depreciation expense is calculated using the formula:
The cost was $23,000; the salvage value was $3,000; and the useful life was 8 years:
This means the value of the vehicle depreciates $2500 per year.
After 4 years, the vehicle would depreciate 2500(4) = $10,000.
This makes the new value $23000-$10000 = $13000.
Reevaluating the depreciation expense at this point, we use $13000 for the "cost" (current value), $3000 is still the salvage value, and now the total useful life was 6; we take 4 off of this, since it has already been 4 years:
The depreciation expense in year 5 is $5,000.
Answer:
0.2637
Step-by-step explanation:
We see from the question that the 5-card hand contains all 4 suits as shown below;
Number of cards = 52
Number of suits = 4
For the favorable cases therefore, we will choose two cards from the suit in which two cards are drawn. Then we will proceed to choose one card from each of the other suits.
4 suits will divide into 52 cards to give = (52 / 4) = 13 cards
Hence, the required probability;