ExamGecko
Question list
Search
Search

Related questions











Question 103 - CLTD discussion

Report
Export

A trucking company purchased a tractor-trailer for $150,000 to support its short-haul business. The tractor-trailer will be in service for 5 years before it will be sold at $55,000.

With annual fuel costs estimated at $12,000, what is the annual depreciation for the vehicle?

A.
$7,000
Answers
A.
$7,000
B.
$11,000C. $19,000
Answers
B.
$11,000C. $19,000
C.
$30,000
Answers
C.
$30,000
Suggested answer: C
asked 16/09/2024
Nikhil George
34 questions
User
Your answer:
0 comments
Sorted by

Leave a comment first