Answer:
At the end of the 2 year, the book value of the truck is $12,600
Step-by-step explanation:
we know that
<u><em>Double declining balance method</em></u> is a form of an accelerated depreciation method in which the asset value is depreciated at twice the rate it is done in the straight-line method.
Step 1
Determine the straight-line depreciation rate
Divide the total cost by the number of years in the asset's useful life.
Step 2
Then, multiply that number by 2 and that is your Double-Declining Depreciation Rate
-----> is the depreciation for Year 1
Step 3
At the end of the first year, the book value of the truck is
Step 4
For Year 2, we will apply the same formula to the book value of the truck by the end of Year 1
-----> is the depreciation for Year 2
therefore
At the end of the 2 year, the book value of the truck is
Answer:
Should be something along the lines of:
3,450 = 326x - 310
Step-by-step explanation:
First, let's start with the number of years. Assume the number of years is x. 3262 greenhouses amounts to about 326 greehouses/year. The other number was the existing greenhouses, but we want just how many greenhouses that were built, per the subtraction sign.
Hope this helps!! : )
Sorry if I am wrong, haven't done equations in a while.
To convert a fraction to a decimal, you have to divide the denominator by the numerator.
<em>HOPE THIS HELPS! HAVE A GREAT DAY!!!</em>
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