Answer: The answer is $1,200
Explanation:
In order to calculate the Depreciation, we use the formula:
Gross investment = Net Investment + Depreciation.
Let Depreciation be represented by x
Gross investment - $6,000
Net investment - $4,800.
Therefore, we have:
6,000 = 4,800 + x
x = 6,000 - 4,800
x = 1,200
Therefore Depreciation is $1,200
Indian currency value . and law and order RBI role
Answer:
.............................
Explanation:
Answer: The court would likely approve Elliot's request in the following situation: <u><em>The corporation was under-capitalized from the beginning, and never had sufficient assets to operate as a viable business.</em></u>
Under the given scenario i.e. for a breach of contract , the condition will apply if the corporation i.e. Acme Inc. was under-capitalized from the start, and they never had predominating assets to work as a viable organization.
<u><em>Therefore the correct option is (a)</em></u>