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Inessa05 [86]
2 years ago
9

On October 1, X-it Company bought a new delivery truck for $30,000. X-it plans to use the truck for 4 years, after which it will

be sold for $6,000. What is depreciation expense for the year ended December 31 that year using double-declining-balance
Business
1 answer:
Blababa [14]2 years ago
4 0

Answer:

$3,750

Explanation:

The truck was only used for 3 months of the year. Therefore, the 3 months of depreciation equals:

$3,750 = ($30,000 x 2/4 x 3/12)

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Answer:

A) a person who forms and operates a business

Explanation:

An entrepreneur is a person who forms and operates a business. An entrepreneur is one of the factors of production. Other factors include land, labour and capital.

An entrepreneur takes up the financial risk of a business.

An entrepreneur earns profit or loss.

A shareholder is a person who invests in an existing business

A bondholder is a person who lends capital to a new business

I hope my answer helps you.

3 0
3 years ago
F. in late 2010 hca announced an intended dividend recapitalization in which it would pay a $2 billion dividend to shareholders
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Answer:

The times interest earned ratio will reduce

Explanation:

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3 years ago
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Which of the following is NOT a typical characteristic of a Minstrel
zhannawk [14.2K]

Answer:

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6 0
3 years ago
Suppose that there is a checkable deposit intoYourBank. Which of the following statements is an accurate description of the chan
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