On June 15, 2015, Jupiter Corporation purchased a machine for $50,000 with an estimated useful life of six years and a residual value of $8,000. The company uses units-of-production depreciation and estimates the machine will last 300,000 units. The machine made 15,000 units in 2015 and 45,000 units in 2016. The accumulated depreciation balance on December 31, 2016, after the adjusting entries
have been posted should be
A) $8,400
B) $10,000
C) $11,200
D) $13,333
A
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What will be an ideal response?
Gurth and Moretop, students, rented an apartment near the River City University. They hung photographs on the wall using large nails for anchors. Several times, they brought the barbecue indoors, which smoked up the walls of the apartment. They spilled soup and beer on the carpet, which became discolored in such a manner that it could not be cleaned. Kilmer, the landlord, sued them at the end of
the lease for damages related to restoring the apartment to a "like new" appearance. a. When the landlord discovered that her apartment was being damaged, she should have evicted the students. There is no liability for damages, because of her failure to do so. b. The students must pay for damages, but only for those damages resulting from conduct beyond ordinary wear and tear. c. Anyone renting to students should know they are sloppy, so there is no liability. d. The students must put the apartment in "as good as new" condition.
Status and ________ are so similar that the terms are often used interchangeably.
A. pay B. persona C. position D. power
WARN Act requires employers of 100 or more employees to give 60 days' notice before closing a facility or starting a layoff of 50 or more people.
Indicate whether the statement is true or false.