The Chuck Company purchased a truck on January 1, 2016. The truck cost $106,000 and was expected to have a residual value of $14,000 at the end of 2018. Chuck uses the 150%-declining-balance depreciation method. What amount of depreciation should Chuck record on the truck in 2016?
A) $53,000
B) $30,667
C) $35,333
D) $46,000
A
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Asset turnover ratio
a. Market price per share b. Net sales c. Gross profit d. Average total assets e. Interest expense, net of tax f. Net income g. Total liabilities h. Total assets
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Indicate whether the statement is true or false.
A 10-year bond pays an annual coupon, its YTM is 8%, and it currently trades at a premium. Which of the following statements is CORRECT?
A. If the yield to maturity remains at 8%, then the bond's price will decline over the next year. B. The bond's coupon rate is less than 8%. C. If the yield to maturity increases, then the bond's price will increase. D. If the yield to maturity remains at 8%, then the bond's price will remain constant over the next year. E. The bond's current yield is less than 8%.
A(n) ________ system involves a single firm setting up two or more marketing channels to reach one or more customer segments
A) conventional distribution B) corporate vertical marketing C) horizontal marketing D) administered vertical marketing E) multichannel distribution