Using the MACRS three-year table, how much will a $1,000 cell phone be worth after 2 years (the book value not the depreciation for year 2)?
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Using the MACRS three-year table, how much will a $1,000 cell phone be worth after 2 years (the book value not the
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- Your business buys a desk for $3,000. You figure the desk will be useful for 10 years and have a value of $500 at the end of the 10-year period. For financial accounting purposes, what is the asset’s depreciable basis?The value of an automobile depreciates at the rate of 15% per year. What will be the value of an automobile 3 years hence which is now purchased for P45,000? Complete and clear solution must be shown.A company plans to purchase an asset in four years at a price of $180,000. How much has to be deposited now in an account that earns 8% to have enough money buy the asset in the future?
- You bought an tablet for 10,000 and you plan to keep it for 20 years. If it will not have a salvage value at the end of the 20th year, what is its depreciation at the end of its third year? Use sum of years digits method. Your answer should only be a REAL NUMBER with NO UNITS and NO COMMAS. Round off to nearest 2 decimal places (e.g. 2500.36).Allan buys a cellphone costing Php. 13,000. What is its value after 4 years if the rate of depreciation is 20% per annum?If a new car is valued at $24,400, what will its value be in 3 years if it depreciates 12.7% each year? Round your answer to the nearest cent. if necessary.
- (Be quick and correct at the same time Explain each calculation thoroughly and you'll be entitled for a like.) Thank you Q1. A house and lot can be acquired by a down payment of P 500,000 and a yearly payment of P 100,000 at the end of each year for a period of 10 years, starting at the end of 5 years from the date of purchase. If money is worth 14% compounded annually, what is the cash price of the property?You purchased a building 5 years ago for P 5M. Its annual maintenance expense has been P 250,000 per year. At the end of three years, you spent P 450,000 on roof repairs. At the end of 5 years (now), you sell the building for P 6M. During the period of ownership, you rented the building for P 500,000 per year paid at the beginning of each year. Use the AW AW, PW, FW and ERR method in your solution evaluate this investment when your MARR is 12% per year. Show your complete solution.Jose buys a car that costs P1.3M and he plans to resell it for P100K after 10 years. How much is the depreciation on the 3rd year of the car? Use SYD method.
- If B = $400,000, n = 6 years, and S is estimated at 15% of B for a new pavement recycling machine, use the SYD method to determine (a) the book value after 3 years, and (b) the rate of depreciation and the depreciation amount in year 4.A new car worth $45,000 is depreciating in value by $5000 per year.a. Write a formula that models the car’s value, y, in dollars, after x years.b. Use the formula from part (a) to determine after how many years the car’s value will be $10,000.A new car is purchased for \$25,000$25,000 and over time its value depreciates by one half every 5.5 years. How long, to the nearest tenth of a year, would it take for the value of the car to be \$1,400$1,400?