Chapter 9 Homework

Chapter 9 Homework

Pg 129 Critical Thinking

1)
a) $4
b) $6,250
c) $74,750
d) $858.33

Key Concepts

1) Depreciation is used to keep your salary more accurate by saving up to replace an item you use in your business. If i bought a used truck for $4000, over 4 years to cover the depreciation cost i would need to save $1000 a year.