On January 1, 2016, Pasta, Inc. purchased a new machine for $192,000. Its estimated useful life is 16 years with an expected salvage value of $32,000. Assuming double-declining balance depreciation, 2017 depreciation expense is:

What will be an ideal response?

$21,000

Business

You might also like to view...

Which of the following is the nonpersonal presentation and promotion of ideas, goods, or services by an identified sponsor using the mass media?

A) direct marketing B) sales promotion C) public relations D) advertising E) direct selling

Business

In CRM systems, a customer file is started from an initial point of ________, whether it is a phone call inquiry or a purchased lead

A) networking B) demand C) marketing contact D) service support

Business