The calculation for annual depreciation using the straight-line depreciation method is

a. Initial cost / Estimated useful life
b. Initial cost × Estimated useful life
c. Depreciable cost × Estimated useful life
d. Depreciable cost / Estimated useful life


d

Business

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Franchising is a contractual agreement where one company sells the rights to its brand, logo, and business model to another company

Indicate whether the statement is true or false

Business

For each of the following items, indicate whether it would be classified as either an (O) operating activity, an (I) investing activity, a (F) financial activity, or a significant (N) noncash financing and investing activity.________ (1) Cash sales of merchandise.________ (2) Sale of land for cash.________ (3) Signed a note payable in exchange for cash.________ (4) Purchased supplies for cash.________ (5) Paid cash to settle an account payable.________ (6) Purchased a warehouse in exchange for shares of its stock.________ (7) Paid interest on a note payable.________ (8) Reissued treasury stock.________ (9) Purchased equipment for cash.________ (10) Purchased equipment in exchange for a 6-month note payable.

What will be an ideal response?

Business

A group of people from a range of departments brought together by a firm to develop products and programs that satisfy the customer's needs is referred to as a ________ team

A) cross-functional B) partner relationship management (PRM) C) customer relationship management (CRM) D) missionary E) transactional

Business

According to decisions of the Supreme Court, all federal employees are considered

"officers" of the United States. a. True b. False

Business