I think the answer might be B
A stock is a share<span> in the </span>ownership<span> of a company. </span>Stock<span> represents a claim on the company's assets and earnings.
Ownership is your answer.
Hope this helps!</span>
Answer:
Accumulated depreciation= $276,000
Explanation:
Giving the following information:
On January 2, 2019, Kaiman Corporation acquired equipment for $ 700,000. The estimated life of the equipment is 5 years. The estimated residual value is $ 10,000.
Depreciable value= 700,000 - 10,000= 690,000
Straight-line depreciation= 690,000/5= $138,000
Accumulated depreciation= 138,000*2= $276,000
Aspiring entrepreneurs can go to the internet, experienced entrepreneurs, Chambers of Commerce, Small Businessn Administration (SBA), college/university, or the community to get their questions answered. Hope this helps.
