Aggie, Inc Aggie, Inc purchased a truck at a cost of $12,000. The truck has an estimated salvage value of $2,000 and an estimated life of 5 years, or 100,000 hours of operation. The truck was purchased on January 1, 2011, and was used 27,000 hours in 2011 and 26,000 hours in 2012. Refer to Aggie, Inc's information presented above, if Aggie uses the double-declining-balance depreciation method,
what amount is the depreciation expense for 2012?
A) $4,800
B) $2,880
C) $1,728
D) $2,000
B
You might also like to view...
The ______ approach to understanding cross-cultural negotiation involves attributing the cultural effects to the cultural values and norms of the participants’ home societies.
A. cognitive B. social C. distributive D. cultural dimensions
Explain the primary goals of the Industrial Workers of the World.
What will be an ideal response?
Advertisers generate a large proportion of Google’s revenues. To what extent is Google managing or ignoring the interests of this important stakeholder group?
What will be an ideal response?
The sales cycle for a merchandising company consists of:
A. Create Purchase Order > Receive Inventory > Enter Bill > Pay Bill B. Create Invoice > Receive Payment > Make Deposits C. Create Purchase Order > Receive Payment > Make Deposits D. Create Invoice > Receive Inventory > Pay Bill > Make Deposits