Problem : An item costs $900, has a scrap value of $50, and a useful life of five years. The linear equation relating book value and number of years is:

Related BrainMass Solutions

• Find the linear Equation relating book value and number of years.

  61894 Find the linear Equation relating book value and number of years. An item costs $1300, has a scrap value of $100, and a useful life of six years. The linear Equation relating book value and number of years is: A. BV = -100x + 1300 B.

• Linear Programming, Equations of Lines and Word Problems

  The break-even point is A)(224, 11) (B)(8, 244) (C) (15, 420) (D) (26.5, 741) 6)An item cost $900, has a scrap value of $50 and a useful life of five years.

• Finding the Slope and Intercept in Linear Equations

  Purchase cost=$55,000 Scrap Value=$10000 Useful life=5 years Rate of depreciation=(55000-10000)/5=$9000 per year b) Find the linear equation expressing the server's book value at the end of t years. Use proper function notation.

• Finite Mathematics - Step by step solutions of problems

  The break-even point is (a) (17 , 374) (b) (242 , 9) (c) (11 , 242 ) (d) (31.5 , 661.5) Question (4) An item costs $1300 , has a scrap value of $100, and a useful life of six years.

• Linear Regression Problem

  Number of Sales Number of Sales Contacts, ($ thousands), Contacts, ($ thousands), X Y X Y 14 24 23 30 12 14 48 90 20 28 50 85 16 30 55 120 46 80 50 110 a. Determine the regression equation. b.

• Journal entries to record asset purchases with explanations

  Sales tax was $825 freight costs $250, and reconditioning costs $900, all of which were paid in cash. The estimated useful life of the equipment is 3 years and salvage value is $500. Oct 5 Purchased store equipment for $24,500 cash.

• Accounting questions

  At the time Acme estimated its useful life at five years and its residual value at $5,000. Depreciation is recorded annually on December 31. Required: a.

• Linear Equation and Business

  Another example of linear equation used in business is determining the book value of a machine.

• Sample

  His workforce is small, consisting of only five employees. For the last three years he recorded the following number of employee absences, in days, for each quarter.