Answer:
7
Explanation:
Depreciation expense using the straight line depreciation method = (Cost of asset - Salvage value) / useful life
Useful life isn't given
Cost of asset = $80,0000
Salvage value = $20,000
Depreciation expense = $5,000
$5,000 = ($80,000 - $20,000) / x
$5,000 = $60,000 / x
X = 12
The useful life is 12 years
If accumulated depreciation is $25,000, the number of years so far would be $25,000 / $5,000 = 5 years
Remaining year = 12 - 5 = 7 years
I hope my answer helps you
A
Explanation:
using the internet and the process of elimination, A is your answer
Answer:
2041 shares
Explanation:
Maximum amount for investment = $ 50 000 / 70 % = $ 71428.571
maximum number of shares = $ 71428.571 / $ 35 = 2040.812 approx 2041 shares
From year 1 to year 2, the real GDP of the economy increases by 20%.
<h3>What is real GDP?</h3>
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year.
Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation. It reflects the value of goods and services produced in an economy.
<h3>What is the increase in real GDP?</h3>
GDP in year 1 = 10 x $2 = 20
Real GDP in year 2 using year 1 prices as base price = 12 x $2 = $24
Increase in real GDP = (24 / 20) - 1 = 20%
To learn more about GDP, please check: brainly.com/question/15225458
