Tidy Limited purchased a new van on January 1, 2018. The van cost $28,000. It has an estimated life of ten years and the estimated residual value is $3000. Tidy uses the double-declining-balance method to compute depreciation.What is the depreciation expense for 2018?
A. $2800.
B. $2500.
C. $5600.
D. $5000.
Answer: C
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A group of students had dinner at a local restaurant. The total bill for the dinner was $364.99. Each student paid his/her equal share of the bill, which was $21.47. How many student’s were at the dinner?
A. 124 B. 365 C. 17 D. 22
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Indicate whether the statement is true or false
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Indicate whether the statement is true or false
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Answer the following statement true (T) or false (F)