On January 1, 2016, Flo, Inc purchased an asset for $48,000. It was estimated that the asset life was seven years, after which it would have a residual value of $4,100. Assuming the use of the sum-of-the-years'-digits method, depreciation expense for 2016 would be
A) $12,804
B) $10,975
C) $12,000
D) $5,487.50
B
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What factor(s) contribute to full time work outside of the home losing its appeal to mothers?
a. a lack of work life balance due to the “second shift” b. Their partners are able to contribute more financially, allowing them to be able to stay at home. c. Science shows women desire to stay at home to be with their children. d. unequal pay
The funds of Lutsan City Bank decreased after the Federal Reserve cashed the checks that it received after selling government securities. As a result, the bank had to cut back on its loan offerings as it did not have sufficient funds to provide loans. This scenario exemplifies _____.
A. open market operations B. market monetarism C. reflation D. articles of incorporation
Region Construction Company has a right to drive its trucks across Staple Business, Inc.'s property, which is adjacent to Region's office. This right is
A. a leasehold estate. B. a license. C. an easement. D. a profit.
Management's duty to have a rational business purpose, avoid illegal behavior, and make informed decisions refers to its? A)?duty of care
B)?duty of loyalty. C)?duty of openness. D)?duty of fairness.