Chapter 9 HW

Chapter 9 hw
pg 129 critical thinking
1a) $5.00
1b) $6,250
1c) $75,000
1d) $858.33

Key Concept #1
The purpose of depreciation is that it will save the money that will be needed to replace expensive pieces of equipment.
If i would depreciate a used truck for $4000, I would add $11 a month to my fixed monthly costs.