A plant asset is acquired by a business on January 1, 2005, for $30,000. The asset's estimated residual value is $8,000 and its estimated life is 5 years. Management chooses to use straight-line depreciation. On January 1, 2007, management revises the total useful life to 6 years and the residual value to be zero.
Required:
a. Compute the balance in Accumulated Depreciation on December 31, 2007.

Which of the following is not a consideration when determining your asset allocation

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.

Over the past decade, brands that were once available only to the wealthy have created more affordable product extensions, giving a far broader range of consumers a taste of the good life. jaguar, for instance, launched its x-type sedan, which starts at $30,000 and is meant for the "almost rich" consumer who aspires to live in luxury. by marketing to people who desire a luxurious lifestyle, jaguar is using: