Dexter industries purchased packaging equipment on january 8 for $98,000. the equipment was expected to have a useful life of three years, or 20,000 operating hours, and a residual value of $6,000. the equipment was used for 8,980 hours during year 1, 6,930 hours in year 2, and 4,090 hours in year 3.
required: 1. determine the amount of depreciation expense for the three years ended december 31 by (a) the straight-line method, (b) the units-of-activity method, and (c) the double-declining-balance method. also determine the total depreciation expense for the three years by each method. (note: for straight-line only, round the first two years to the nearest whole dollar, then round the third year as necessary. for declining balance only, round the multiplier to five decimal places. then round the answer for each year to the nearest whole dollar.)

Costs of production that do not change when output changes.question 17 options: total revenuefixed incometotal costfixed cost

Which of the following are considered needs? check all that apply

1. descriptive statistics quickly describe large amounts of data can predict future stock returns with surprising accuracy statisticians understand non-numeric information, like colors refer mainly to patterns that can be found in data 2. a 15% return on a stock means that 15% of the original purchase price of the stock returns to the seller at the end of the year 15% of the people who purchased the stock will see a return the stock is worth 15% more at the end of the year than at the beginning the stock has lost 15% of its value since it was originally sold 3. a stock purchased on january 1 cost $4.35 per share. the same stock, sold on december 31 of the same year, brought in $4.75 per share. what was the approximate return on this stock? 0.09% 109% 1.09% 9% 4. a stock sells for $6.99 on december 31, providing the seller with a 6% annual return. what was the price of the stock at the beginning of the year? $6.59 $1.16 $7.42 $5.84