Question: number 3 please answer for part C 1 (30 points) Tiffany bought a piece of equivalent for $40,000. The equipment has a useful life of

number 3 please

answer for part C

1 (30 points) Tiffany bought a piece of equivalent for $40,000. The equipment has a useful life of 5 years and a salvage value of $500 a at the end of its useful life. Assume that the interest rate per year is 10%. (a) (6 points) Calculate the depreciation for year 4. using DDB. $3456 $3640 O $3820 O $4070 Question 2 8 pts (b) (8 pts) Calculate the present worth (PW) of the depreciation, using the DDB depreciation. O $29455 O $30920 $32115 $34180 (c) (8 pts) Calculate the present worth of the depreciation, using the straight line depreciation. $27.430 $28,570 O $29,950 O $31,880

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

coud you please solve question 2 and 3 I am a bit stuck 1 (30 points) Tiffany bought a piece of equivalent for $40,000. The equipment has a useful life of 5 years and a salvage value of $500 at the...

please show all step. you can do with excel if needed. will thump up !!!!! Question 1 6 pt 1 (30 points) Tiffany bought a piece of equivalent for $40,000. The equipment has a useful life of 5 years...

need only c) part. 1 (30 points). Tiffany bought a piece of equivalent for $40,000. The equipment has a useful life of 5 years and a salvage value of $500 at the end of its useful life. Assume that...

1 (30 points) Tiffany bought a piece of equivalent for $40,000. The equipment has a useful life of 5 years and a salvage value of $500 at the end of its useful life. Assume that the interest rate per...

could you please solve this? . 1 (30 points) Tiffany bought a piece of equivalent for $40,000. The equipment has a useful life of 5 years and a salvage value of $500 at the end of its useful life...

1 (30 points) Tiffany bought a piece of equivalent for $40,000. The equipment has a useful life of 5 years and a sakrage value of $500 at the end of its useful life. Assume that the interest rate per...

Please see attached and help with the completion of this homework. Student Name: Class: Problem 01-20A GUNN MANUFACTURING COMPANY Effect of Events on Financial Statements Event No. 1. 2. 3. 4. 5a....

I need help with the very bottom piece "record acquistion of assets a,b,c,d please. I have a blank excel Project Evaluation and Risk Analysis Investment Opportunity: Manufacturing management wants to...

answer only number A March 16 Yoga Fees - On account 2,787 March 17 ACW1120 Assignment Question Proprietor Mr. Happy Name of Business : Happy Gym Nature of business Gymnasium and Yoga club Gym Fees -...

The West End Boutiques company was founded by Libbie Williams in 1990 with a single store in College Station, Texas, and the company now has 21 shops located in the triangle of Dallas, San Antonio,...

Analyzing changes in retained earnings. Eaton Corporation, a U.S. diversified power management company, reported a balance in Retained Earnings of $2,796 million at the beginning of 2007 and $3,257...

Part B: Rene St. Clair is a 28-year-old occupational therapist living in the Annex district of Toronto. She recently graduated from Algonquin College and now works as an independent contractor...

Which of the following accurately describes what gluten does? a . produces gas in a product as it is baked b . gives structure and strength to baked goods c . is a substance made up of the...

c. On the basis of these two continua, determine Oprah Winfreys communication style. d. In your opinion, does Oprah Winfrey display style flexibility?

1. During the next week, study the listening habits of students in another class in which you are enrolled. Keep a journal of your observations by identifying the nonverbal behaviors you witness. Are...

a. On the dominance continuum, place a mark where you feel she belongs.