i am stuck on the last part for this question. for year 5here is a pic of the problem
under straight line method (65000-5000)/5 = 12000$ per year
under double-decline balance method
depreciation rate is 1/useful life * 200% = 1/5* 200% = 40%
year 5 answer is wrong. i have tried 3369,3369.60, and 3370 and all come up wrong. not sure where to go from here now
actually I've round it off to nearest 10's
ive tried every number combo and it still comes up wrong.
and the last part is the only help i need for this ?
ya I've also tried several times but every time answer is 3369.6
are all other answers correct
all other answers are correct
i have other ?'s posted, if u can help me out with those that would be great. if u do those i will email u first when i need harder ?'s done or a project done
then may be the answer itself is wrong, because we have done the same process to the previous years
ya of course i'll help you give me some time i'll do them for u
ok. thanks. here are the links to the ?'s
thanks for your help. i really appreciate it
don't mind for asking you this,
all questions you have posted are based on depreciation.
why don't you try it yourself, if you want any help I'll provide you the concept instead of doing all questions
or if you want only answers, directly i"ll post you only answers with out much procedure
i will accept only answers if thats still ok with u
ok then i'll give u only answers.
by what time you want this
12 hrs would suffice, then after that if noone answers the ?'s end and i would have to repost them again. so before 8pm tonight would be great
id like it sooner then 8 if u can do that
with in 2 hrs i'll give u all answers
1) a. 16800,10080,6048,3630,2176
2) DDB = 1934
UOP = -80
3) a. 0.8$
4) 1. a. 22000,13200,20000
b. Company A
2. a. 22000,23952,22000
b. Company A&C
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