subject
Business, 30.03.2020 21:33 maribelarreolap4sgpj

A company purchased a computer system at a cost of $24,000. The estimated useful life is 6 years, and the estimated residual value is $9,000. Assuming the company uses the double-declining-balance method, what is the depreciation expense for the second year? (Do not round your intermediate calculations. Round your answer to the nearest whole dollar amount.)

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 10:50
Kimberly has been jonah in preparing his personal income tax forms for a couple of years. jonah's boss recommended kimberly because she had done a good job setting up the company's new accounting system. jonah is very satisfied with kimberly's work and feels that the fees she charges are quite reasonable. kimberly would be classified as a(n) (a) independent auditor (b) private accountant (c) public accountant (d) accounting broker
Answers: 1
question
Business, 22.06.2019 11:10
An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value
Answers: 2
question
Business, 22.06.2019 17:30
Gary lives in an area that receives high rainfall and thunderstorms throughout the year. which device would be useful to him to maintain his computer?
Answers: 2
question
Business, 22.06.2019 18:00
If you would like to ask a question you will have to spend some points
Answers: 1
You know the right answer?
A company purchased a computer system at a cost of $24,000. The estimated useful life is 6 years, an...
Questions
question
Chemistry, 26.10.2020 22:30
question
Mathematics, 26.10.2020 22:30
question
History, 26.10.2020 22:30
question
English, 26.10.2020 22:30