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Straight-Line Depreciation Rates Convert each of the following estimates of useful life to a straight-line...

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Accounting

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Straight-Line Depreciation Rates Convert each of the following estimates of useful life to a straight-line depreciation rate, stated as a percentage asuming that the residual value of the fixed assets to be ignored: (a) 4 years. (b) 8 years, (c) 10 years, (d) 16 years. (c) 25 years, () 40 years, () 50 years. It required, round your answers to two decimal places Percentage Years 4 years b. 8 years 10 years d. 16 years 25 years 40 years % 50 years Straight-Line Depreciation A refrigerator used by a wholesale warehouse has a cost of $64,000, an estimated residual value of $5,200, and an estimated useful life of 12 years. What is the amount of the annual depreciation computed by the straight-line method? Depreciation by Units-of-activity Method A diesel-powered tractor with a cont of $199,380 and estimated residual value of $4,400 is expected to have a useful operating life of 47,000 hours. During February, the tractor was operated 300 hours Determine the depreciation for the month. It required, carry out any division to two decimal places

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