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Answer:
Answer C
Explanation:
It approaches 4 from the left side and 1 from the right side.
They approached at different point so the overall limit does not exist because you can't have a limit on a jump discontinuity.
Answer:
The depreciation expense will be
Machine A : $38,000
Machine B : $55,000
Explanation:
Straight line depreciation recognize an assets carrying amount evenly over its useful life.
Straight line Depreciation = (Cost - Estimated Residual Value) / useful life
Depreciation expense for Machine A:
($400,000 - $20,000) / 10 years
= $38,000
Depreciation expense for Machine B:
($600,000 - $50,000) / 10 years
= $55,000
Money is a substance that is acceptable as a medium of exchange for goods and services and can further be used to settle debt.
Money is well defined by its functions and characteristics.
