Answer:
C. $4,500
Explanation:
The computation of the depreciation expense using the straight-line method is shown below:
= (Cost - residual value) ÷ Useful life of the asset
= $24,000 ÷ 48 months
= $500
Now for 9 months, it is
= $500 × 9 months
= $4,500
Hence, the depreciation expense is $4,500
Therefore the correct option is c. $4,500
Answer:
Current year = 204%
Prior year = 100%
Explanation:
Detailed solution is given below
The correct answer is "merchandise." "Merchandise" signifies the products that a company sells and that customers buy. Since the collective's focus is on which type of biscuit (not on the location of the store, or on the dog owners, or on the price of the biscuits), the retail strategy element concerns these products, or merchandise.
it would be a to d, c to b, d to e