Das Gym purchased new equipment for $175,000. They paid 13% Tax and they got 5%...
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Das Gym purchased new equipment for $ They paid Tax and they got of Discounts. Additionally, the owner had to pay a $ transportation and $ installation charges for the equipment. Requirements: Calculate the total cost of the equipment. If it is estimated that the equipment will have a $ residual value at the end of its fiveyear useful service life, calculate depreciation in straight line method after years, what will be its book value? Calculate depreciation using diminishing balance method assuming the rate of depreciation is annually. What will be book value if it is sold after years? Assume that the equipment can handle reps in a lifetime. If in the first year the users had reps, how much is the depreciation for the first year?
Das Gym purchased new equipment for $ They paid Tax and they got of Discounts. Additionally, the owner had to pay a $ transportation and $ installation charges for the equipment. Requirements: Calculate the total cost of the equipment. If it is estimated that the equipment will have a $ residual value at the end of its fiveyear useful service life, calculate depreciation in straight line method after years, what will be its book value? Calculate depreciation using diminishing balance method assuming the rate of depreciation is annually. What will be book value if it is sold after years? Assume that the equipment can handle reps in a lifetime. If in the first year the users had reps, how much is the depreciation for the first year?
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