Explanation:
All good!! What about you.. friend?
The answer is 4.0 because i you said get your money from
Hey there!!
The correct answer is Option A. an Increase in supply
Hope this helped and I wish you the best in luck! (:
Answer:
D) $600,000
Explanation:
The double-declining-balance method of depreciation = Depreciation factor x cost of asset
Depreciation factor = 2 x (1/useful life of the asset)
Depreciation factor = 2 / 5 = 0.4
Deprecation expense = 0.4 x $1,500,000 = $600,000
I hope my answer helps you