It’s 1. Apparently my answer is not long enough so I’m making it longer :(:
Answer: The point (0,0)
This point is also known as the origin
The reason why is because every direct variation equation is of the form y = k*x
where k is some fixed number
If we plugged in x = 0 it leads to y = k*x = k*0 = 0. So (x,y) = (0,0)
Answer:
Could you possible elaborate on the question more?
Straight line depreciation applies the same amount of depreciation in each year.
Our Depreciation Base is 21,000 - 1,000 = 20,000
The useful life is 5 years, so each year we depreciate 20,000 ÷ 5 = 4,000
Book Value is Cost - Accumulated Depreciation
After Year 1:
Book Value = 21,000 - 4,000 = 17,000
Answer is A) 17,000
