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07.12.2020 •
Mathematics
Which expression is equivalent to 3^8 ?
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Ответ:
Step-by-step explanation:
Ответ:
A. $3,150
B. $2,100
Step-by-step explanation:
A. Given,
Trucks cost price = $40,000
Salvage Value = $8,500
Useful life = 10 years
Since there is no requirement, I am using straight-line depreciation method to calculate the depreciation expense.
We Know,
Depreciation Expenses = (Cost price - Salvage Value) / Useful Life
Therefore,
Depreciation expense = ($40,000 - $8,500)/10
Depreciation Expense = $31,500/10
Depreciation Expense = $3,150
Therefore, under the straight-line method, the depreciation expense will be = $3,150.
B. Given, (When the useful year is 15)
Trucks cost price = $40,000
Salvage Value = $8,500
Useful life = 15 years
Since there is no requirement, I am using straight-line depreciation method to calculate the depreciation expense.
We Know,
Depreciation Expenses = (Cost price - Salvage Value) / Useful Life
Therefore,
Depreciation expense = ($40,000 - $8,500)/15
Depreciation Expense = $31,500/15
Depreciation Expense = $2,100
Therefore, under the straight-line method, the depreciation expense will be = $2,100