Assume Tesla buys 100 robots that cost $100,000 each. They believe the robots will have useful lives
Fantastic news! We've Found the answer you've been seeking!
Question:
Assume Tesla buys 100 robots that cost $100,000 each. They believe the robots will have useful lives of 10 years and that they will be able to be sold for parts at that time for $10,000each.
Assuming Tesla uses diminishing depreciation calculations with an acceleration factor of 2, What depreciation will Tesla report on the 100 robots in the first year?
a. $900,000
b. $1,000,000
c. $1,800,000
d. $2,000,000
Related Book For
Fundamental Accounting Principles Volume II
ISBN: 978-1259066511
14th Canadian Edition
Authors: Larson Kermit, Jensen Tilly
Posted Date: