subject
Business, 05.10.2019 01:10 joshxg227

On january 1, year 1, li company purchased an asset that cost $30,000. the asset had an expected useful life of five years and an estimated salvage value of $6000. li uses the straight-line method for the recognition of depreciation expense. at the beginning of the fourth year of usage, the company revised its estimated salvage value to $3000. based on this information, the amount of depreciation expense to be recognized at the end of year 4 is:
a) $12,800.b) $16,800.c) $33,600.d) $20,800.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 22:30
For many years, kellogg's frosted flakes, a ready-to-eat breakfast cereal, was perceived as a cereal for children. tony the tiger, a cartoon character, extolled frosted flakes, and advertisements depicted children enjoying the product with tony in competitive situations. recently, in response to declining sales of frosted flakes, the cereal maker has adopted a new series of advertisements that show adults admitting that they enjoy frosted flakes, too. kellogg's is attempting to
Answers: 1
question
Business, 22.06.2019 21:50
Labor unions have used which of the following to win passage of favorable laws such as shorter work weeks and the minimum wage? a. strikes b. collective bargaining c. lobbying d. lockouts
Answers: 1
question
Business, 23.06.2019 02:00
In 1948, the president of the united states earned a salary of $75,000. in 2000, the president earned a salary of $400,000. knowing that the cpi for 1948 is 24.1 and the cpi for 2000 is 172.2, convert the 1948 salary to constant 2000 dollars. when comparing constant dollar amounts, whose salary was worth more--harry truman, president in 1948, or bill clinton, president in 2000
Answers: 3
question
Business, 23.06.2019 02:10
Which of the following best explains the purpose of a supply schedule? a. to calculate how much time it takes for distribution. b. to indicate how supply and demand relate to price. c. to show the relationship between quantity supplied and prices. d. to demonstrate how the supply decreases as price increases.
Answers: 1
You know the right answer?
On january 1, year 1, li company purchased an asset that cost $30,000. the asset had an expected use...
Questions
question
Business, 02.05.2021 01:00
question
Mathematics, 02.05.2021 01:00
question
Mathematics, 02.05.2021 01:00
Questions on the website: 13722367