On January 1, 2018, Red Inc. purchased a delivery equipment for $98,000. The equipment's estimated residual value is $10,000, and its estimated useful life is 8 years. On December 31, 2019, what was the net book value of the equipment using the straight-line method of depreciation

Mattress wholesalers, inc. is constantly trying to reduce inventory in its supply chain. last year, cogs was $7.47 million and inventory was $1.47 million. this year, cogs is $8.65 million and inventory investment is $1.64 million.a) what was its weeks of supply last ) what is its weeks of supply this ) is mattress wholesalers making progress in its inventory reduction effort? since the number of weeks that cover the supply has mattress wholesalers is making in its inventory reduction effort.