Mathematics

Arabella

21 July, 01:47

Mike Montana purchased a delivery car for his pizza shop. The car cost $18,000, has a six year life, and a residual/trade-in value of only $3,000 due to heavy use. Mike plans to use the straight-line method of depreciation. What is the amount of depreciation expense for year 1?

+1

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “Mike Montana purchased a delivery car for his pizza shop. The car cost $18,000, has a six year life, and a residual/trade-in value of only ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

Susan swims a race in 29 3/10 seconds. Patty swims the race in 33 9/10 seconds. How much faster was susan than patty?

Mai bought 11 12 ounce bags of coconut. How many pounds of coconut did she buy?

A spinner is divided into 10 equal sections numbered from 1 to 10. You have spin the spinner once. What is P (divisible by 2)

There are 96 strawberries in a basket. Each of 12 children received an equal number of the strawberries. Which equation gives s, the number of strawberries each child received?

Lenny has a remaining balance on his credit card of $3,000. His credit card has an APR of 20 percent. How much will he pay in interest in one month? $50.20 $600 $50.00 $6.00

New Questions in Mathematics

Greg runs 7 miles in 80 minutes. At the same rate, how many miles would he run in 64 minutes?

Which of the following is the inverse of y=6^x? y=log_ (6) x, y=log_ (x) 6, y=log_ ((1) / (6)) x, y=log_ (6) 6x

Simon is making wreath to sell. He has 60 bows, 36 silk roses, and 48 silk carnations. He wants to put the same number of items on each wreath. All the items on a wreath will be the same type. how many items can simon put n each wreath?

the two way table below gives the thousands of commuters in Massachusetts in 2015 by transportation method and one way length of commute

Determine whether the random variable described is discrete or continuous. The height of a randomly chosen basketball player.