subject
Business, 05.05.2020 04:00 natalieburnett82

Sargent Corporation bought equipment on January 1, 2019. The equipment cost $360,000 and had an expected salvage value of $60,000. The life of the equipment was estimated to be 6 years. Assuming straight-line deprecation, the book value of the equipment at the beginning of the third year would be:

A. $360,000.
B. $150,000.
C. $260,000.
D. $100,000.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 08:00
Suppose the number of equipment sales and service contracts that a store sold during the last six (6) months for treadmills and exercise bikes was as follows: treadmill exercise bike total sold 185 123 service contracts 67 55 the store can only sell a service contract on a new piece of equipment. of the 185 treadmills sold, 67 included a service contract and 118 did not.
Answers: 1
question
Business, 22.06.2019 16:30
Which of the following has the largest impact on opportunity cost
Answers: 3
question
Business, 22.06.2019 19:40
The martinez legal firm (mlf) recently acquired a smaller competitor, miller and associates, which specializes in issues not previously covered by mlf, such as land use and intellectual property cases. given the increase in the firm's size and complexity, it is likely that its internal transaction costs willa. decrease. b. increase. c. become external transaction costs. d. be eliminated.
Answers: 3
question
Business, 22.06.2019 19:40
You estimate that your cattle farm will generate $0.15 million of profits on sales of $3 million under normal economic conditions and that the degree of operating leverage is 2. (leave no cells blank - be certain to enter "0" wherever required. do not round intermediate calculations. enter your answers in millions.) a. what will profits be if sales turn out to be $1.5 million?
Answers: 3
You know the right answer?
Sargent Corporation bought equipment on January 1, 2019. The equipment cost $360,000 and had an expe...
Questions
question
Mathematics, 23.06.2019 23:20
question
Social Studies, 23.06.2019 23:20