A truck is purchased for $35,000 . It has a five-year life and a $5,000 residual value. Under the straight-line method, what is the asset's carrying value after three years?

a. $23,000
b. $17,000
c. $12,000
d. $18,000


B

Business

You might also like to view...

A star topology is appropriate

a. for a wide area network with a mainframe for a central computer b. for centralized databases only c. for environments where network nodes routinely communicate with each other d. when the central database does not have to be concurrent with the nodes

Business

Which of the following is not a common element of activity models regardless of the specific modeling notation?

A. Events to start and stop the workflow. B. Decision points that affect the process flow. C. Multiplicities. D. Sequence of flow between tasks.

Business

The theory behind ________ is quite simple. A multinational company works to maintain a stronger bargaining power position than that of the host country.

A. proportionate negotiating power B. pertinent bargaining power C. relative bargaining power D. analogous negotiating power

Business

Inflating the value of future revenue and cost streams to account for the time value of money enables better project decisions

Indicate whether the statement is true or false

Business