Ask a New Question

Question

Jim Company bought a machine for $36,000with an estimated lofe of 5 years. The residual value of the machine is $6,000 Calculate (a) the annual depreciation and (b) the book value at the end of year 3. Assume straight-line depreciation
12 years ago

Answers

Anonymous
24
7 years ago

Related Questions

A machine earns the company revenue at a continuous rate of 62000 t + 43000 dollars per year during... Jay Corp. bought a machine for $15,000. The machine is expected to produce 10,000 units. The machine... Bob bought a fax machine for $750. The fax depreciates at the rate of $25 a month. Find a function "... A company that bought a machine for $30,000 wants to depreciate its entire value equally over the ne... A farmer bought a machine for $ 3200 it is to be depreciated at a rate of 25% using the reducing bal... The company will use machine A,B,C,D with probabilities 0.23,0.45,0.19 and 0.13 respectively.From pa... Sonia bought washing machine 10000and paid 2000 and rest in installments of rs 500 at the rare 10℅ f... At a company, a copy machine prints 175 pages in 5 minutes. If the number of pages printed is propor... a company sold a machine for $15,000 in cash. the machine originally cost $38,000 and accumulated d... a company bought a new machine for its warehouse on January 1. paid $10,000 in cash, financed the r...
Ask a New Question
Archives Contact Us Privacy Policy Terms of Use