Machinery is purchased on May 15, 2015 for $50,000 with a $5,000 salvage value and a five year life. The half year convention is followed. What method of depreciation will give the highest amount of depreciation expense in year 2?
A. Straight line.
B. Double declining balance.
C. 150% declining balance.
D. Amount cannot be determined.
B
Business
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A requirements contract is unenforceable due to lack of consideration
Indicate whether the statement is true or false
Business
In some cases, the sender may only give enough information to get a favorable response from the receiver. This would be considered what?
A) Decoding. B) Filtering. C) Lying. D) A barrier.
Business