Ask a New Question

Question

A truck costing $25,000 with a residual value of $5,000 was purchsed by Rim Corporation. The truck's estimated life is 10 years. At the end of Year 2,what is the book value using declining-balance method? assume a depreciation rate of twice the straight-line method.
13 years ago

Answers

hj
ujty
11 years ago

Related Questions

A patent costing $500,000 was purchased on July 1. The company expects the patent to be useful for... A radio set costing $500 was marked up 20% based on retail price. later it was marked down by 10%. W... How many kg of tea leaf costing $20 per kg ,must be mixed with 24 kg of tea leaf costing $14 per kg,... If 8kg of coffee costing 2,000 a kg with 12 kg of another kind of coffee costing 2,200 a kg what is... A radio set costing $48.00 was sold for $60.00 . What was the percentage gain . If 8kg of coffee costing The value of the house costing 85450 Decrease And the ratio of 7.9 calculate the new value of the ho... A typewriter costing $75.00 marked up 40% on cost M = S = A stereo costing $125.39 and marked up $76.00 A necktie costing $30.00 per dozen and selling for $5 each (Be careful--find the cost of one tie...
Ask a New Question
Archives Contact Us Privacy Policy Terms of Use