1) So you don't go over your limit
2) learn how to not spend your money all at one tme
Answer:
$7,000
Explanation:
Depreciation: The depreciation is an expense that shows a reduction in the value of the fixed assets due to tear and wear, obsolesce, usage, time period, etc. It is shown on the debit side of the income statement. It is a non-cash item that does not affect the cash balance.
The computation of the depreciation expense for 2017 is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($78,500 - $8,500) ÷ (10 years)
= ($70,000) ÷ (10 years)
= $7,000
In this method, the depreciation is same for all the remaining useful life
Answer:
Option "C" is correct.
Explanation:
This occurs when the portion of the marginal cost curve is above its average cost curve.
Answer:
C
Explanation:
The highest mountain could fit into the deepest ocean basin.