Suppose that you are asked to derive the depreciation rate for a house on rural property. The contributory value of the house is $50,000, the replacement cost is estimated to be $80,000, and its effective age is 10 years. Calculate the annual percentage depreciation for this house.
Solved
Show answers
More tips
- S Style and Beauty What to Do When Hair Starts Falling Out?...
- H Health and Medicine Novomin: What is it and how to use it?...
- P Philosophy Unbelievable stories of encounters with otherworldly forces...
- L Leisure and Entertainment How to Choose the Perfect Gift for Men on February 23rd?...
- H Health and Medicine How to Treat Whooping Cough in Children?...
- H Health and Medicine Simple Ways to Lower Cholesterol in the Blood: Tips and Tricks...
- O Other How to Choose the Best Answer to Your Question on The Grand Question ?...
- L Leisure and Entertainment History of International Women s Day: When Did the Celebration of March 8th Begin?...
- S Style and Beauty Intimate Haircut: The Reasons, Popularity, and Risks...
- A Art and Culture When Will Eurovision 2011 Take Place?...
Answers on questions: Business
- B Business Why did the housing market crash in 2008...
- H History What is golden ratio...
- M Mathematics We can say for certain that point B is what kind of point on segment AC? А B C center point segment point O middle point O midpoint...
- M Mathematics What is the of moons to stars...
- P Physics A runner accelerates at a rate of 3a from a velocity of 2V to 4V. Solve for: a) the time for this acceleration to occur b) the distance traveled by the runner...
- C Computers and Technology Smitha, an employee working in the accounts department, reported to the information security officer that she could not access her computer. James, the security officer, noticed...
- E English hi how is everybody hope ur guyses day is good and if not i hope it gets better just keep ur head and dont quit...
- E English Read the paragraph. (1) Have you ever wanted to make your own album or podcast? (2) Join the Avondale Middle School Digital Recording Club! (3) Come to our recording studio after...
- E English Can you Write This ?❤...
- M Mathematics What is the included side for...
Ответ:
Percentage depreciation = 16.25%
Explanation:
Property value = Contributory value + replacement cost
= $50000 + $80000 = $130000
Depreciation = $130000 / 10 = $13000
Percentage depreciation = 13000 / 80000 = 16.25%
Ответ:
3.75%
Explanation:
To calculate the depression rate
We would use this method
Annual Depreciation = (Cost of Asset – Net Scrap Value)/Useful Life
Cost of assets is = $80,000
Net scrap value = $50,000
Useful life = 5years
Substituting the values into the equation we have
Annual depreciation = (80000-50000)
Annual depression = $30000/10
Annual depression = $3000
Rate % = annual depression /costs of assets
Rate % = 3000/80000
Rate % = 0.0375
Rate % = 0.0375 × 100%
Rate = 3.75%
Ответ:
u already asked the question tho
Explanation:
and heres some dark humor
Today I decided to go visit my childhood home. I asked the residents if I could come inside because I was feeling nostalgic, but they refused and slammed the door on my face. My parents are the worst.