In the first year of an asset's life, which of the following methods has the smallest depreciation? a. declining balance. b. sum-of-the-years' digits. c. composite or group. d. straight-line.
Depreciation: Depreciation is an expense indicating a reduction in the value of fixed assets due to tear and wear, obsolescence, usage, time period, etc. It is shown on the income statement debit line. It is a non-cash item not impacting the cash balance.
In the straight-line method, the depreciation expense would be lowest in this method and it remains the same for the remaining useful life
In the double-declining method, the depreciation rate is doubled and contain the highest value
In the sum of the year digit, we sum the useful life like 5 years so we sum 5+4+3+2+1 = 15 years and divide it to the useful life i.e 5
In the composite or group, the depreciation is taken for the group, not for the individual company
A composite number is a whole number. It can be defined as a number that is divisible by 1, itself and other factors. This means a composite number has two or more factors. A prime number cannot be a composite number.
The seven smallest composite numbers are:
4, 6, 8, 9, 10, 14, 16,
Their total sum = 4 + 6 + 8 + 9 + 10 + 14 + 16 = 63
Therefore, the sum of the seven smallest composite numbers which cannot be determined to be composite simply by using the divisibility rules (for 2,3,4,5,6,8,9 or 10) is 63.
i think it's 8 because 3 and 5 are prime numbers & 8 is composite
My answer is 247.
I used guess and check, but if you can find a better way please let me know.
32 + 33+34+35+36+38+39=247=13x19.
I hope it can help!
My answer is 247.
I used guess and check, but if you can find a better way, please let me know.
63 is not possible because it is divisible by 3 and 9.