Jacobs Company estimates that its new equipment will last 6 years and have a residual value of $3,000. The original cost of the equipment was $39,000. What would be the balance in the accumulated depreciation account at the end of year 4?

Why might an investor be skeptical about the loan-to-value ratio for a commercial mortgage loan?

What will be an ideal response?

What is not a disadvantage associated with patenting?

a. not always effective at deterring imitation b. facilitates markets for knowledge c. disclosure not always work the 20-year monopoly d. sometimes cannot be enforced