Convert each of the following estimates of useful life to a straight-line depreciation rate, stated as a percentage: (a) 10 years, (b) 8 years, (c) 25 years, (d) 40 years, (e) 5 years, (f) 4 years, (g) 20 years. if required, round your answers to one decimal place.

a.10 years1 / 10 x 10010% per year

b. 8 years1 / 8 x 10012.5% per year

c. 25 years1 / 25 x 1004% per year

d. 40 years1 / 40 x 1002.5% per year

e. 5 years1 / 5 x 10020% per year

f. 4 years         1 / 4 x 10025% per year

g. 20 years1 / 20 x 1005% per year

Step-by-step explanation:

Under straight line method of depreciation, equal amount of the depreciation is reduced throughout the useful life of the asset. Using the following formula:

Straight line depreciation rate = 1 / Useful Life x 100

So:

a.10 years1 / 10 x 10010% per year

b. 8 years1 / 8 x 10012.5% per year

c. 25 years1 / 25 x 1004% per year

d. 40 years1 / 40 x 1002.5% per year

e. 5 years1 / 5 x 10020% per year

f. 4 years         1 / 4 x 10025% per year

g. 20 years1 / 20 x 1005% per year

the correct answer is b) histograms can be used to exhibit the shape of distributions. this is because histograms count the frequency of each possible answer, so one is able to see which results are more common and which are less common.

step-by-step explanation: