Ask Question
1 February, 00:19

Benz and Jacobs Accounting purchased a new computer system for $3,500. The total resale value after 5 years is estimated to be $525. Using the straight-line method, Benz and Jacobs determined that the computer system would depreciate $595 per year. What is the salvage value of the system?

+1
Answers (1)
  1. 1 February, 00:36
    0
    3500-5*595=525 salvage value
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Benz and Jacobs Accounting purchased a new computer system for $3,500. The total resale value after 5 years is estimated to be $525. Using ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers