Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. need help asap please guifcoast, inc. purchased a

need help asap please Guifcoast, Inc. purchased a van on January 1, 2025, for $850,000....

80.2K

Verified Solution

Question

Accounting

need help asap please
Guifcoast, Inc. purchased a van on January 1, 2025, for $850,000. Estimated life of the van was five years, and its estimated residual value was $95,000. Guncoast the uses the su method of depreciation. Calculate the book value of the van at the end of 2025. OA. $796,875 OB. $699,000 OC. $755,000 OD. $690,625
image
method of depredation. Cilicifate the book value of the van at the end of 2025 A. 5706,875 a. $699.000 C. 5755.000 D. $900,025

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Civil Engineering
1.2K views

You have to write a Descriptive Paragraph on Someone you know well. the paragraph should be...

Electrical Engineering
1.2K views

Chapter 8 1. Which of control signal lines can be used in the off-chip memory expansion of...

Biology
1.2K views

EMG amplitude represents O muscle force O muscle hypertorphy O muscle mitochondrial density

Physics
1.2K views

Prove that the average value of an A C voltage source is given by V...

Geometry
1.2K views

32 T 24 B V 19 W 21 S 1 RS 3 WS 5 TW...

Geometry
1.2K views

Which 3 D shaped fuel tank has more internal volume a fuel tank shaped like...

Basic Math
1.2K views

A survey asked 235 people what alternative transportation modes they use. The results are below.128...

Algebra
1.2K views

Jason invested 5 500 in an account paying an interest rate of 1 compounded quarterly...

Accounting
1.2K views

Laramie Company paid $600,000 for a purchase that included land, building, and office furniture. An...

Accounting
1.2K views

Industries manufactures and sells a product called Spector. Northwest plans to sell 3,400 units of...

Accounting
1.2K views

Target Corporation has assets with a FMV of $24,000,000 and a tax basis of $16,000,000....

Finance
1.2K views

The U.S. government is purchasing medications from a British pharmaceutical for GBP 38,466,879. To hedge...