The following information is available on a depreciable asset owned by mutual savings bank:

purchase date july 1, year 1
purchase price $73,600
salvage value $10,400
useful life 8 years
depreciation method straight-line

the asset's book value is $57,800 on july 1, year 3. on that date, management determines that the asset's salvage value should be $5,400 rather than the original estimate of $10,400. based on this information, the amount of depreciation expense the company should recognize during the last six months of year 3 would be:

multiple choice

a. $1,750.00

b. $4,366.67

c $2,408.33

d. $2,183.33

e. $2,116.37

Which of the following is the most important role of marketing in the process selection decision? identifying points of differentiation for mass customization. stimulating demand in developing markets. estimating and managing future demand. providing translation of the voice of the customer.

You and your new australian bride matilda, are applying for a loan and are required to submit a balance sheet with your net worth. you own a 2008 toyota camry that you bought last month for $9,995. the kelly blue book value for this car is $13,995. you owe $8,150 on the car loan for the camry. you pay off your visa credit card every month and have not paid any credit card interest this year. the current visa credit card balance is $3,522, and the next statement is due in 15 days. you have a student loan balance of $6,500. you presently have $425 in your checking account and $1,540 in your savings account. you own 100 shares of ibm stock that you purchased for $85.50 per share. one share of ibm is now selling for $158.42. you own computers and other electronics that you purchased for $4,100 but could probably sell today on e-bay for $1,800. your gross income is $80,000 per year. what is your current net worth? (see wb ch. 2 example 2.3)

What is the state tax rate for a resident of arizona whose annual taxable income is $18,000?