Business, 12.12.2019 23:31, jadahilbun01
Cuso company purchased equipment on january 1, 2016, at a total invoice cost of $400,000. the equipment has an estimated salvage value of $10,000 and an estimated useful life of 5 years. what is the amount of accumulated depreciation at december 31, 2017, if the straight-line method of depreciation is used?
a. $80,000
b. $160,000
c. $78,000
d. $156,000
Answers: 1
Business, 22.06.2019 13:50, trillsmith
Read the following paragraph, and choose the best revision for one of its sentences. dr. blake is retiring at the end of the month. there will be an unoccupied office upon his departure, and it is big in size. because every other office is occupied, we should convert dr. blake’s office into a lounge. it is absolutely essential that this issue is discussed at the next staff meeting. (a) because every other office is occupied, it’s recommended that we should convert dr. blake’s office into a lounge. (b) because every other office is filled, we should convert dr. blake’s office into a lounge.
Answers: 2
Business, 22.06.2019 22:40, gracebuffum
In a fixed-term, level-payment reverse mortgage, sometimes called a reverse annuity mortgage, or ram, a lender agrees to pay the homeowner a monthly payment, or annuity, and expects to be repaid from the homeowner’s equity when he or she sells the home or obtains other financing to pay off the ram. consider a household that owns a $150,000 home free and clear of mortgage debt. the ram lender agrees to a $100,000 ram for 10 years at 6 percent. assume payments are made annually, at the beginning of each year to the homeowner. calculate the annual payment on the ram.
Answers: 1
Cuso company purchased equipment on january 1, 2016, at a total invoice cost of $400,000. the equipm...
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