On january 1, 2020, the flounder company ledger shows equipment $68,000 and accumulated depreciation―equipment $10,000. the depreciation resulted from using the straight-line method with a useful life of 9 years and salvage value of $2,000. on this date, the company concludes that the equipment has a remaining useful life of only 5 years with the same salvage value.

The maximum amount of money that a consumer can charge on a credit card is called the

Write two goals for yourself that will aid you in pursuing your post-secondary education or training. with this

Steele bicycle manufacturing company currently produces the handlebars used in manufacturing its bicycles, which are high-quality racing bikes with limited sales. steele produces and sells only 10,000 bikes each year. due to the low volume of activity, steele is unable to obtain the economies of scale that larger producers achieve. for example, steele could buy the handlebars for $31 each: they cost $34 each to make. the following is a detailed breakdown of current production costs: after seeing these figures, steele's president remarked that it would be foolish for the company to continue to produce the handlebars at $34 each when it can buy them for $31 each. calculate the total relevant cost. do you agree with the president's conclusion?