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
Answer:
$1,035.71
Explanation:
first we must determine the annual interest = face value x coupon rate = $1,000 x 7.25% = $72.50
now to determine the approximate market value = annual interest / market interest rate = $72.50 / 7% = $1,035.71
since the market rate is lower than the coupon rate, you can sell your bond at a premium
The impact of mao zedong's significant leap forward in china c. mao's efforts to contend with the soviet union resulted in an economic boom
The weather in 1959 was catastrophic and the yearly harvest was not nearly enough to support the Chinese population which led to general famine.
<h3>What was the result of the Great Leap Forward?</h3>
Instead of promoting the country's economy, The Great Leap Forward resulted in mass hunger and famine. It is estimated that between 30 and 45 million Chinese citizens died due to famine, execution, and coerced labor, along with massive economic and environmental collapse.
<h3>What was the Great Leap Forward and how did it affect China?</h3>
The Great Leap Forward was a push by Mao Zedong to change China from a largely agrarian (farming) society to a modern, industrial society—in just five years. It was an unbelievable goal, of course, but Mao had the ability to force the world's largest society to try. The effects, unfortunately, were disastrous.
To learn more about Great Leap Forward, refer
brainly.com/question/27565817
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Answer:
In order for the government to be able to help with a problem, the problem must be brought to the proper of government and the proper.In order for the government to be able to help with a problem, the problem must be brought to the proper of government and the proper.
Explanation:
B is the answer <span>B- the rate remains the same , even if income increases or decreases
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