The concept of "human resource management" implies that employees are a _________.a. secondary component of a business. b. troub
1 answer:
You might be interested in
Answer:
a. $395,000
Explanation:
Since the depreciating method is practiced in a straight-line basis, the equation for the value of the building as a function of the time in years (V(t)) is:
Where k is the yearly depreciation rate of $15,000 per year and C is the initial cost.
For t = 25 years, V(t) = $20,000. Thus:
The original cost of the building was $395,000