Explanation:
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Answer:
$9120
Explanation:
Using sum of years digit,
5+4+3+2+1=15
5/15*(72000-3600)=22800 for first year
4/15*68400 = 18240 for second year
Total depreciation before change of accounting policy = 22800+18240=41040
Net value of asset at start of 2018 = 68400-41040= 27360
Straight line depreciation for 2018 = 27360/3 = 9120
Oracle is a Database application
Answer:
Option (d) is correct.
Explanation:
When the supply of loanable funds increases and this change in loanable funds shifts the supply curve of loanable funds rightwards then as a result the equilibrium interest falls and the quantity of loanable funds increases.
In this situation, the supply of loanable funds exceeds the demand for loanable funds, so the financial institutions would provide funds at a lower interest rate to the borrowers.
Fall in the interest rate would induce borrowers to take loan at a cheaper rate.
D. The farmer saves money by not having to use any fertilizer
