delivery van with a new one. The new van can offer considerable savings in operating costs. Information about the existing van and the new van follow: Original cost Annual operating cost Accumulated depreciation Current salvage value of the existing van Remaining life Salvage value in 10 years Annual depreciation Existing van $100,000 $ 35,000 $ 60,000 $ 45,000 10 years $0 $ 4,000 New van $180,000 $ 20,000 10 years $0 $ 18,000

Q: Can you explain the answer without excel please? Thanks.

A: Cost of Car is $52000 Interest rate is 6% Time period is 5 years Monthly Interest rate "rate" is…

Q: will you please show solution without excel step by step

A: As per the given information: Initial salary is $40,000 Salary rise after first year to $44,200…

Q: Hi - could you please send the CAPM model and explain what it is and when to use it please?  Thank…

A: Capital Asset Pricing Model (CAPM):It defines the relationship of an asset’s expected return with…

Q: Required: a. Prepare a statement of LLC liquidation. b. Provide the journal entry for the final cash…

A: Given Information: Lester Capital = $48,630 Torres Capital = $65,630 Hearst Capital = $26,190…

Q: Which of the following is a challenge for creating dashboards in Excel without the Power BI tools?

A: In Excel without Power BI tools, when working with Pivot Charts, using slicers (user-friendly filter…

Q: None

A: The statement is False.The "Goal Seek" functionality within Microsoft Excel isn't primarily tailored…

Q: Please do not give solution in image format thanku

A: Explanations: (Based from the information's I have gathered) FAQ (Frequently Asked Questions): While…

Q: What are the roles of the AIS in the value chain?

A: Accounting information system (AIS) is used by the firms for collection, storage, processing and…

Q: help please answer in text form with proper workings and explanation for each and every part and…

A: The correct answer in the context of sheaf theory is a category equipped with a Grothendieck…

Q: Which of the following is true of structured data? Select answer from the options below Structured…

A: The objective of the question is to identify the correct statement about structured data from the…

Q: O a. The XLookup function can be used to combine data contained in two worksheets, providing that…

A: Answer: Microsoft excel is the office programs that is used to summarize data.

Q: pos.

A: This statement is also known as Statement of Profit and Loss or Profit and Loss Account. Income…

Q: Please explain me how to do this problem

A: I am answering the first three sub-parts of the question as per bartleby guidelines. Please…

Q: not use ai please

A: here is the octave code: % Define the x range and step size x = linspace(-10, 10, 1000); % Define…

Q: Why use categories? Select one: They help you find and sort e-mails later on. They look good, but…

A: In the context of emails, categories are used to organize and manage emails effectively. They are…

Q: Sorry but correct answer =31470.44, can you do it using formulas no tables, please

A: To find the total fund the insurer needs to hold today, we need to calculate the present value of…

Q: What does internal rate of return (IRR) help you to determine

A: Internal Rate of Return (IRR) is a financial metric used to evaluate potential profitability of an…

Q: How XBRL is different from inline XBRL? What challenges do you see in the implementation of XBRL?

A: XBRL: In short, XBRL stands for extensible Business Reporting Language, and it is a software…

Q: Please solve this manually. I can't understand if the solution is in excel. Thank you! Make sure…

A: concept. According to Gordon's growth model , Po = D1ke-g where , Po = current market price D1 =…

Q: can you solve letters i and j manually with formulas? thank you!

A:

Q: The following errors were found in the books of Rosco Consulting during the month: 1. Consultancy…

A: Rectification entries are those that correct the errors made in the recorded entries, without…

Q: 2. Which approach best demonstrates attention to detail when organizing files in a digital database?…

A: (a) Randomly arranging files without any specific order:Explanation: This approach does not involve…

Q: I cannot use excel. please caculate manually

A: Given: Initial salary is $42,200 Salary rise after first year to $45,400 Inflation average is 3%

Q: Please show solution in #4-8 will surely given an upvote, thank you

A: Journal Entries - Journal Entries are the primary transactions entered into by the company. It is…

Q: Manual Computation

A: The value of the investment is the sum of the downpayment and PV of deferred annuity. A deferred…

Q: Define and describe the use of following commands with proper syntax and examples: (8) a. PPMT &…

A: The PPMT and IPMT functions help us determine the amount of principal portion of period repayment of…

Q: Which of the following is a control that can be used to ensure that all of the components of an…

A: The procedures for rejection inputs is a  control that can be used by the auditor to ensure that all…

Q: What is the effect of not returning all client-provided documents upon request?

A: If an auditor is not returning all client provided documents upon request, then this act is an…

Q: Choose the term that best describes static data? O Static data does not change once it is created. O…

A: static data does not change once it is createdThe best describes static data does not change once it…

Q: What is the advantage of using the Excel 2016 and after Get & Transform feature?

A: Get & Transform (also known as Power Query) in Excel 2016 and later versions provides a unified…

Q: solution cannot be understand, please show a clearer one.

A: Here, Required Amount (FV) is P2,500,000 Time Period (n) is 40 years Interest Rate (r) is 9%…

Q: Copying bfrom chegg is not a good idea. Explain simply what accounting is

A: Accounting is a comprehensive word with several subfields such as cost accounting, management…

Q: What is the advantage of selecting the “Only Create Connection" option when importing data?

A: The "Only Create Connection" option in data import typically refers to importing data into a data…

Q: Define the following term using 1 or 2 complete sentences (not just key words) ERP System

A: Introduction:- ERP stands for Enterprise resource planning. It handles large volumes of data and…

Q: Define Inventories.

A: Introduction: Balance sheet: All Assets and liabilities are shown in balance sheet. It tells the net…

Depreciation Methods

The word "depreciation" is defined as an accounting method wherein the cost of tangible assets is spread over its useful life and it usually denotes how much of the assets value has been used up. The depreciation is usually considered as an operating expense. The main reason behind depreciation includes wear and tear of the assets, obsolescence etc.

Depreciation Accounting

In terms of accounting, with the passage of time the value of a fixed asset (like machinery, plants, furniture etc.) goes down over a specific period of time is known as depreciation. Now, the question comes in your mind, why the value of the fixed asset reduces over time.