Register now or log in to join your professional community.
During the third year, Delta
Company realizes that the truck is only going to last a total of5 years. The truck is depreciated on the
straight-line basis and has no estimated salvage value.
At year3 the depreciation expense of the truck is:
a/Twenty thousand
b/Nine thousand .
c/Eighteen thousand
d/Twenty seven thousand.
C. Eighteen thousand is the answer.
18 K
-----------------------------------------------------
c. 18K.........................................................................................
c/Eighteen thousand
Yes, Option C is the right answer.
The truck has depreciated far more than initially expected and will have depreciated $54,000 after 5 years to salvage value of $9,000.
c Eighteen thousand
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.