Leaping deer company purchased a tractor at a cost of $440,000. The tractor has an estimated residual value of $40,000 and an estimated life of 8 years, or 12,000 hours of operation. The tractor was purchased on january 1, 2015 and was used 2,400 hours in 2015 and 2,200 hours in 2016. What amount will leaping deer company report as total depreciation expense over the 8-year life of the equipment using straight-line depreciation?.

Answers

Answer 1

Leaping deer company purchased a tractor at a cost of $440,000. The tractor has an estimated residual value of $40,000 and an estimated life of 8 years, or 12,000 hours of operation. The tractor was purchased on January 1, 2015 and was used 2,400 hours in 2015 and 2,200 hours in 2016.

To find out which method of depreciation will produce maximum depreciation, Depreciation expense for 2018 shall be calculated using all methods.

1) Double-declining balance method: Under this method, depreciation is charged to an accelerated rate to the asset by applying double depreciation instead of a regular depreciation rate. This rate is applied to the value of the depreciable assets.

Depreciable Value of Tractor = Gross Value - Salvage Value = $240,000 - $40,000 = $200,000

The regular rate of depreciation = 100% / Life of Tractor = 100% / 8 Years = 12.5%

Double-declining rate of depreciation = Regular rate X 2 = 12.5 % X 2 = 25%

Depreciation expense for 2018 = Depreciable value of tractor X Dobule-decling rate

= $200,000 X 25%

= $50,000

Depreciation expense as per double-declining method = $50,000

2) Straight-line method: Under this method, the value of the depreciable asset is spread over the useful life of the asset evenly.

Depreciation for 2018 = Useful life of Tractor / Useful life

= $200,000 / 8 Years

= $25,000

Depreciation expense as per straight line method = $25,000

3) Units of production method: Under this method, the depreciable value of assets is depreciated with the level of usage with respect to the overall capacity of assets with respect to usage. Hence, more usage shall lead to higher depreciation.

Total hours available during the life of asset = 12,000

Depreciation to be charged for each hour of usage = Depreciable value / Total hours

= $200,000 / 12,000 Hours

= $16.67 per hour

Depreciation for 2018 = Total hours of usage in 2018 X Depreciation per hour

= 3,800 Hours X $16.67

= $63,346

Depreciation under units of production method = $63,346.

Hence, Highest amount of depreciation is produced under units of production method as tractor has been used for more than one-third of its usage hour capacity. As the other two methods do not take into account the level of usage, their depreciation is just based on time. Hence, Depreciation under the unit production method is highest.

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Related Questions

Consider the sequence below.
-11, 22, -44, 88, …
Complete the recursively defined function to describe this sequence.
f(0) = ___
f(n) = f(n - 1) · ___ for n = 1, 2, 3, …

Answers

Answer: f(0)=11/2

f(n) = f(n - 1) · (-2)

Step-by-step explanation:

f(0)=f(1)*(f(0+1)/f(1+1))

f(0)=f(1)*(f(1)/f(2))

f(0)=-11*(-11/22)

f(0)=-11*(-1/2) ==> -11/22 simplifies to -1/2

f(0)=-11*(-1)/2

f(0)=11/2

f(n) = f(n - 1) · f(2)/f(2-1)

f(n) = f(n - 1) · f(2)/f(1)

f(n) = f(n - 1) · 22/(-11)

f(n) = f(n - 1) · 2/(-1)

f(n) = f(n - 1) · (-2)

Calculator
In this triangle, what is the value of x?
Enter your answer, rounded to the nearest tenth, in the box.

Answers

The value of x  in this triangle is [tex]67.1^{o}[/tex]

The angle can be calculated as follows:

The first you should calculate the long of the side in front of the angle

as we know [tex]c^{2}= a^{2}+ b ^{2}[/tex]

so  [tex]a^{2}= c^{2}- b ^{2}[/tex]

     [tex]a =\sqrt{ 72^{2}- 28 ^{2}}[/tex] = 66.3

then we can calculate the angle of the triangle by calculate the sin of x

sin x = [tex]\frac{66.3}{72}[/tex]

sin x = 0.92

x =[tex]\sqrt{0.921}[/tex] = [tex]67.1^{o}[/tex]

hence, The value of x  in this triangle is [tex]67.1^{o}[/tex]

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Which set of numbers can represent the side lengths, in centimeters, of a right triangle?8, 12, 1510, 24, 2612, 20, 2515, 18, 20.

Answers

Only set (B) represents the side lengths of a right triangle.

In right triangle,

[tex](Hypotenuse)^{2} = (Perpendicular)^{2}+(Base)^{2}[/tex]

(A) [tex]8^{2} = 16[/tex]

     [tex]12^{2} = 144[/tex]

     [tex]15^{2} = 225[/tex]

    225 ≠ 144 + 16

(B) [tex]10^{2} = 100[/tex]

     [tex]24^{2} = 576[/tex]

     [tex]26^{2} = 676[/tex]

    676 = 576 + 100

(C) [tex]12^{2} = 144[/tex]

     [tex]20^{2} = 400[/tex]

     [tex]25^{2} = 625[/tex]

    625 ≠ 400 + 144

(D) [tex]15^{2} = 225[/tex]

     [tex]18^{2} = 324[/tex]

     [tex]20^{2} = 400[/tex]

    400 ≠ 324 + 225

Only (B) satisfies the condition.

Correct question,

Which set of numbers can represent the side lengths, in centimeters, of a right triangle?

(A) 8, 12, 15  (B) 10, 24, 26  (C) 12, 20, 25  (D) 15, 18, 20.

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1. suppose you roll two casino dice. what is the probability that the sum of the spots on the up-faces is 7? 11? 7 or 11?

Answers

1) The probability that the sum of the spots on the up-faces is 7 : 1/6

2)the probability that the sum of the spots on the up-faces is 11 : 1/18

3) the probability that the sum of the spots on the up-faces is 7 or 11: 2/9

For the experiment of rolling two Casino dice,

Let event A: the sum of the spots on the up-faces is 7

We have 1+6, 2+5, 3+4, 4+3, 5+2, 6+1

There are 6 ways for this to happen. so,

P(A) = 6/36

P(A) = 1/6

event B: the sum of the spots on the up-faces is 11

We have 5 + 6, 6 + 5

There are 2 ways for this to happen, therefore,

P(B) = 2/36

P(B) = 1/18

We need to find the probability that the sum of the spots on the up-faces is 7 or 11

P(A or B) = P(A) + P(B)

               = 6/36 + 2/36

               = 8/36

               = 2/9

Therefore, the probability that the sum of the spots on the up-faces is 7 : 1/6

the probability that the sum of the spots on the up-faces is 11 : 1/18

the probability that the sum of the spots on the up-faces is 7 or 11: 2/9

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It cost gavin $6. 32 to send 158 text messages. How much does it cost to send one text?.

Answers

The cost of one text message is $0.04

Algebra is a branch of mathematics that helps with the representation of problems or situations through the use of mathematical expressions. We use definite or fixed numbers in algebra, such as -1,11, and so on. In algebra, in addition to numbers, we use variables such as x, y, and z.  Elementary algebra covers the fundamental concepts of algebra. It is frequently contrasted with arithmetic: arithmetic deals with fixed numbers, whereas algebra incorporates variables.

Given that $6. 32 to send 158 text messages

We have to determine the cost of one text message

158 = 6.32

1 = ?

= 6.32/158

= 0.04

Therefore the cost of one text message is $0.04

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Two consecutive integers for which the sums of the prime factors of each integer are equal.

Answers

Answer: 714 and 715

Step-by-step explanation:

In mathematics, a Ruth–Aaron pair consists of two consecutive integers (e.g., 714 and 715) for which the sums of the prime factors of each integer are equal: 714 = 2 × 3 × 7 × 17, 715 = 5 × 11 × 13, 2 + 3 + 7 + 17 = 5 + 11 + 13 = 29.

Hope this helps!!! :)

archaeologists plan to examine a sample of 2-meter-square plots near an ancient greek city for artifacts visible in the ground. they choose separate random samples of plots from floodplain, coast, foothills, and high hills. what kind of sample is this?

Answers

The given sample is stratified sampling with topology as the stratum variable.

Archaeologists plan to examine a sample of two-meter-square plots near an ancient Greek site for artifacts visible in the ground. They choose separate samples of plots from the floodplain, coast, foothills, and high hills. We need to find the kind of this sample.

It is not a simple random sample since we cannot include just floodplains in the sample, for example. As a result, not all feasible subsets have an equal chance of being picked. This is stratified sampling with topology as the stratum variable.

Statistics is the study of data gathering, organization, analysis, interpretation, and presentation. It is customary to begin with a statistical population or a statistical model to be researched when applying statistics to a scientific, industrial, or social problem.

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if you have 5 qualified candidates to fill the positions of president and vice president, how many ways can the positions be filled?

Answers

If you have 5 qualified candidates to fill the positions of president and vice president, then their have 20 ways to be fill the positions.

In the given question,

If you have 5 qualified candidates to fill the positions of president and vice president, then we have to find how many ways can the positions be filled.

We have total 5 qualified question.

Their have total 2 position president and vice president.

When the one position one of president filled then their one left 4 qualified candidate for the vice president position.

So the possible ways to fill the position is find by multiplying the 5 and 4. So

Possible ways=5*4

Possible ways=20

Hence, if you have 5 qualified candidates to fill the positions of president and vice president, then their have 20 ways to be fill the positions.

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Work out the percentage change when a price of £20 is increased to £22.
1%

Answers

Answer: A change from 20 to 22 represents a positive change (increase) of 10% Use the formula found below on this webpage to find the percent change by replacing the given values: Percent change = New - Old|Old| × 100% Percent change = 22 - 20 |20| × 100% = 2 20 × 100 = 10% (increase)

Answer: 10%

How: you know that 10 percent of 20 is 2 because you divide it by 10. by this you'll know that you are adding an extra 10 percent onto 20 to make it 22.

Help, please.
-4 + 2[(8−10)÷(−2)] =

Answers

Answer:

-2

Step-by-step explanation:

Step by step explanation is in the picture

Answer question in picture

Answers

The function whose graph is given below is y = tan (x).

What is a function?Function is a relation between the input and the output of a system.From the graph, it is clear that the given function passes through the origin(0, 0).A function from a set X to a set Y assigns to each element of X exactly one element of Y.  

                                                                                                               

Therefore, for x = 0, y = 0 for the given function

Now, at x = 0,

y = sec (0) = 1

y = tan (0) = 0

y = cosec (0) = Not defined

y = cot (0) = Not defined

Now, it is clear that, the function y = tan (x) represents the given graph.

The complete question is:

Choose the function whose graph is given below.

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Nadia is a stockbroker. She earns ​13% commission each week. Last​ week, she sold ​$7,500 worth of stocks. How much did she make last week in​ commission? If she averages that same amount each​ week, how much did she make in commission in​ 2011?

Answers

The commission that Nadia made last week iis $975.

The commission made in 2011 is $50700.

How to calculate the amount?

From the information, Nadia earns 13% commission each week and last week, she sold $7,500 worth of stocks.

The amount of commission will be:

= Percentage × Worth of stock

= 13% × $7500

= $975

Note that 52 weeks = 1 year

The amount that she made in 2011 will be:

= $975 × 52

= $50700

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Answer asap please
Use the quadratic formula to solve x² -5x + 3 = 0.
A.=-3+-29/2
B.=5+-37/2
C.=5+-13/2
D.=25+-17/2

Answers

I would be C hope this helps

5+-13/2

use the quadratic formula

x= -b ±√b²-4ac÷2a

Once in standard form, identify a, b, and c from the original equation and plug them into the quadratic formula.

x^{2}-5x+3=0

a=1

b=-5

c=3

x=-(-5±√(-5)²-4.1.3÷2.1

Simplify

Evaluate the exponent

Multiply the numbers

Subtract the numbers

Multiply the numbers

x=5±√13÷2

Separate the equations

To solve for the unknown variable, separate it into two equations: one with a plus and the other with a minus.

x=5+√13÷2

x=5-√13÷2

Solve

Rearrange and isolate the variable to find each solution

x=5+√13÷2

x=5-√13÷2

solution

x=5±√13÷2

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I need help: Petrolyn motor oil is a combination of natural oil and synthetic oil. It contains 4 liters of natural oil for every 3 liters of synthetic oil. In order to make 441 liters of Petrolyn oil, how many liters of synthetic oil are needed?

Answers

In order to make 441 liters of Petrolyn oil, we need 189 liters of synthetic oil.

Given, for every 3 liters of synthetic oil, we use 4 liters of natural oil.

⇒ For 1 liter of synthetic oil, we will be adding 4/3 liters of natural oil.

Let 'x' be the liters of oil needed to make 441 liters of Petrolyn oil

⇒ For 'x' liters of synthetic oil, we will need 4x/3 liters of natural oil

Total Volume = 441 liters

Volume of Synthetic oil + Volume of natural oil = 441

x + 4x/3 = 441

⇒ (3x + 4x)/3 = 441

⇒ 7x/3 = 441

⇒ x = (441×3)/7

⇒ x = 189 liters

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can someone help me, please?!

Answers

The equation of the line that passes through the point (-12,15) with slope -1 in point slope form is y = -x + 3 .

In the question ,

it is given that

the required line passes through the point (-12 , 15) ,and the slope is -1 .

We know that the equation of the line passing through the points (x₁ , y₁) and slope " m " is given by

(y - y₁) = m(x - x₁)

So ,equation of line in "point slope form" is

(y - 15) = (-1)(x -(-12))

y - 15 = -1(x + 12)

y - 15 = -x - 12

y = -x - 12 + 15

y = -x + 3

Therefore , the equation of the line is y = -x + 3.

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a company is considering purchasing the mineral rights to two different mountains. the probability that it will purchase the mineral rights to the first mountain is 0.55. the probability that it will purchase the mineral rights to the second mountain is 0.4. assuming the decisions to purchase the mineral rights to each mountain are made independently, what is the probability that it will purchase the mineral rights to exactly one of the two mountains? responses 0.18 0.18 0.22 0.22 0.33 0.33 0.51 0.51 0.95

Answers

The probability of purchasing mineral rights to exactly one of the two mountains is 0.51.

What is probability ?

Probability turned into added into arithmetic to are expecting the possibility of an occasion occurring. Probability essentially approach how in all likelihood it's miles that some thing will happen. This is the fundamental principle of possibility and is likewise utilized in possibility distributions to examine feasible consequences of random experiments.

Calculation

Given information:

A company is considering purchasing materials:

The probability of purchasing mineral rights

Form the first mountain P1 = 0.55

From the second mountain P2 = 0.4

As the decision is made independently

So, P(P2∩ notP1) = 0.55 * 0.6

P(P2∩ notP1) = 0.33

Similarly, the value of

P(P2∩ notP1) =0.4 * 0.45

P(P2∩ notP1) = 0.15

Hence ,

P = 0.33 + 0.18

P = 0.51

Hence , the probability of purchasing mineral rights to exactly one of the two mountains is 0.51.

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Write proportion statement and find missing side of the polygon.

Answers

The proportion statement is 2/3. The missing angles are CK = 12, GN = 15 and GT = 9

How to write the proportion statement and find the missing sides?

Given that: Polygon ROCK ~  Polygon GNAT.

The symbol ~ means the polygons are similar to each other. That means the ratios of all their corresponding sides are the same. Thus:

CO/AN = 4/6 = 2/3 (This is the proportion statement)

We can also say CK/AT= 2/3 because the ratios of all their corresponding sides are the same

With this, we can determine  the missing sides:

CK/AT= 2/3     where AT = 18

CK/18= 2/3

CK = (18×2)/3 = 12

OR/GN = 2/3    where OR = 10

10/GN = 2/3

2GN = 10×3

2GN = 30

GN = 30/2 = 15

KR/GT = 2/3   where KR = 6

6/GT = 2/3

2GT = 6×3

2GT = 18

GT = 18/2 = 9

Therefore, the proportion statement is 2/3, and the missing angles are CK = 12, GN = 15 and GT = 9

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help meeeeeeeeeeee pleaseee rnnnnn!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Answers

Based on the given parameters, the amount owed is $10865

How to determine the amount owed in six years?

The given parameters about the compound interest are

Principal Amount, P = $5300

Interest Rate, R = 8%

Time, t = 6 years

To calculate the amount owed, we make use of the following formula

A = P + CI

Where

Compound interest, CI = P(1 + R)^t - P

So, the equation becomes

A = P + P(1 + R)^t - P

Evaluate the like terms

A = P(1 + R)^t

In this question, the formula is given as

A = P(1 + r/n)^nt

Where

n = 12, i.e compounded monthly

Substitute the known values in the above equation

A = 5300 * (1 + 8%/12)^(6*12)

Express 8% as decimal

A = 5300 * (1 + 0.08/12)^(6*12)

Evaluate the sum

A = 5300 * (1.01)^(6*12)

Evaluate the exponent

A = 5300 * 2.05

Evaluate the product

A = 10865

Hence, the value of the amount after 6 years is $10865

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Compare the pair of numbers. Use <, =, or >. 3/4 (_) 33/40
asap plss

Answers

Answer:

[tex]\frac{3}{4} < \frac{33}{40}[/tex]

Explanation:

[tex]\frac{3}{4}[/tex] (< = >) [tex]\frac{33}{40}[/tex]

To figure this out, you want both fractions to have the same denominator. So, you would find the GCF (Greatest Common Factor).

The GCF for 4 and 40 would be 40 because 4 * 10 = 40 and 40 * 1 = 40.

To make the whole fraction have the denominator 40, you have to multiply the numerator and the denominator by 10.

[tex]\frac{3}{4} = \frac{30}{40}[/tex]

So,

[tex]\frac{30}{40} < \frac{33}{40}[/tex]

or

[tex]\frac{3}{4} < \frac{33}{40}[/tex]

Can square pieces of foam board, each with an area of 169 square inches, be cut and used to construct a cube with a volume of 1,728 cubic inches? explain.

Answers

No, they cannot construct a cube from the square pieces of foam board.

A square has four equal sides. When we multiply the length and width of a square to determine its area, we are essentially squaring one of its sides because they are the same.

A=s²

If we already know the area, we can work backward and take the square root to find the side:

√169=√s²

13=s

13 inches is the side length.

The length, breadth, and height of a cube are all equal. These three measurements are multiplied to determine a cube's volume; since they are equal, this essentially equals cubing the side length:

V=s³

The volume is 1728, so we have the following:

1728=s³

We take the cubed root and move backwards:

∛1728=∛s³

12=s

So, In order to construct a cube with the given volume 12 should be length of the side but the length of the square is 13 so it is not possible.

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HELP ASAP !!!!
Write and graph linear equations

Answers

The equation of slope intercept form is  y =−4x+24

An intercept is a y-axis point through which the slope of a line passes. It is the y-coordinate of a y-axis point at which a straight line or a curve intersects. This is represented by the straight-line equation y = mx+c, where m is the slope and c is the y-intercept.

Given m = -4 and point)-3, -12)

One way to write a line's equation is in slope-intercept form, which looks like this:

y = mx+b

m = slope

b = y-intercept (where the line crosses the y-axis)

The problem has already been given

m = −4

x=-3

y=-12

Normally, the equation of a line is left with x and y being variables, and m and b having values. Since we do not have a value for b, we will plug all those numbers in and solve.

When those are substituted, the equation should look like this.

-12=(4)(-3)+b

-12=12+b

24=b

So the line's equation would be:

y=−4x+24

And this is your equation graphed. Notice how the line crosses the y-axis at 24, and that the slope is −4, just like the equation says.

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A right-angled triangle and a parallelogram are shown below.
12 cm
13 cm
Find the value of h.
Optional working
6 cm
The area of the parallelogram is 4 times the area of the triangle.
The perpendicular height of the parallelogram is hcm.
Answer: h=
+
h
cm
4

Answers

The perpendicular height of the parallelogram is 13 cm.

What is the value of h?

A right triangle is a triangle that has an angle that measures 90 degrees. The three sides of a right -angled triangle are known as the length, base and the hypotenuse.

Area of a right-angled triangle = 1/2 x base x height

Area of a right-angled triangle = 1/2 x 13 x 6 = 39 cm²

A parallelogram is quadrilateral that has two pairs of parallel sides. The opposite sides equal in length

Area = base x height

Area of the parallelogram = 4 x 39 = 156 cm²

Height = area / base

156 cm² / 12 = 13 cm

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amelia has $12 and saves $10 per weeknvm. Ryan has $24 and saves $7 per week. How many weeks will it take for amelia to have saved the same amount of money

Answers

Amelia and Ryan need 4 weeks to have the same amount of money.

What is a linear equation?

A linear equation is an algebraic equation of degree one. In general, the variable or the variables(in the case of a linear equation in two variables) the variables are x and y.

Given, Amelia has $12 and saves $10 per week and Ryan has $24 and saves $7 per week.

Assuming they need x no. of weeks to have the same amount of money.

∴ 10x + 12 = 7x + 24.

3x = 12.

x = 4.

So, in 4 weeks they'll have the same amount of money.

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For the past 16 months, susie has been paying $126.50 each month to her insurance company. after causing an accident last month, her insurance company notified her that her monthly payment will be increased by $21.25. what increase in her annual premium did susie’s insurance company apply as a result of the accident? a. $21.25 b. $125.60 c. $147.75 d. $255.00 please select the best answer from the choices provided a b c d

Answers

The annual premium of Susie's insurance company apply as a result of accident is $255 for an year. This is because the monthly insurance payment has been increased by $21.25.

What is Health insurance?

Health insurance or the medical insurance is an insurance which covers the whole or a part of the risk of a person which is incurring the medical expenses. Depending upon the health insurance plan, the risk is shared among many individuals.

Main body:

The increase in monthly insurance payment = $21.25

So, the annual increase in the premium amount paid by Susie will be:

Monthly increase in insurance payment × 12

(As there are 12 months in an year)

Annual increase in premium amount = $21.25 × 12

Annual increase in premium amount = $255

Therefore, the annual increase in the amount of premium paid by Susie for health insurance is $225.

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a class consists of 27 women and 32 men. if a student is randomly selected, what is the probability that the student is a woman?

Answers

The probability of selecting a woman among students is 27/59.

According to the question,

We have the following information:

A class consists of 27 women and 32 men. And a student is randomly selected.

Now, we know that the following formula is used to find probability:

Probability of an event = Number of women in class/total number of students in the class

(More to know: probability of an event can be equal to 1 or less than 1.)

Total number of students in the class = 27+32

Total number of students = 59

Probability of selecting a woman = 27/59

Hence, the probability of selecting a woman among students is 27/59.

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K
Find the area of the figure.
A=
3 m
9m
10 m
5m

Answers

Answer:

1,750m

Step-by-step explanation:

3x9x10x5 = 1,750

f(x) = 3x² + 4x + 19
Find f(-7)

Answers

F(-7)= 3(-7)^2 +4(-7)+19= 128

Select the correct answer.
What is a counterexample to this claim?
All prime numbers are odd.
O The number is 2.
O The number is 4.
O The number is 5.
O The number is 1.

Answers

Answer:

The number 2, so answer choice A.

Emily and a friend bought two tickets to see a soccer game. Each ticket cost $8.25. The friends paid a total of $24.40, which included a fee per ticket for parking near the stadium.
B. What percent increase represents the change when parking is included in the final cost? Explain.

Answers

Answer:

emily and her friend each paid $4 for the parking fee.

Step-by-step explanation:

The parking fee is 48% increase in the cost of a ticket.

Answer:

48%

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PLEASEEEE help
i know i am saying this again

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Answer: for the first it is not direct varition while for the second one it i s

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