Answer:
Annual depreciation=$188,000
Explanation:
Giving the following information:
Purchasing price= $1,000,000
Salvage value= $60,000
Useful life= 5 years
To calculate the depreciation expense under the straight-line method, we need to use the following formula:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (1,000,000 - 60,000)/5
Annual depreciation=$188,000
I would say that Dan should learn how to type with a keyboard instead of by hand as I know that with practice one can learn to type quite fast and with a keyboard one doesn't need to worry about writing neatly or legibly since all the letters and numbers are pre-determined and always the same.
False because they make money for showing it
Because of the principles of Keynesianism, the entire new deal was founded on the concept of deficit spending to stimulate the economy and end the depression.
Keynesians contend that because prices are somewhat rigid, changes in any aspect of spending, including government, investment, or consumer spending, affect output. According to Keynesian economics, a healthy economy spends or invests more than it saves and that demand drives supply. Keynes believed that governments should increase spending even if it means going into debt in order to generate jobs and increase consumer purchasing power during a recession. Deficit spending is when the federal budget deficit for a given year is calculated as the difference between the federal government's outlays (also known as outlays) and its tax revenue (also known as revenue). An annual surplus rather than a deficit occurs when the government raises more money than it spends.
More about Keynesianism brainly.com/question/15834304
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Answer:
62). Gerard’s contract is voidable at his option while it is entirely executory.
63) based on the circumstances of the case.
Explanation:
62. Note that, under the restatement, Gerard can avoid the contract legally even though he can perform the contract duty. This is because of his mental state.
63. Evidently a minor cannot avoid a contract just because he says he lacks the legal capacity.
Certainly, the decision to accept his claims would be based on the circumstances surrounding the case.