Under MACRS, an asset which originally cost $100,000 is being depreciated using a 10-year normal recovery period. The depreciation expense in year 11 is ________
A) $3,000
B) $4,000
C) $0
D) $6,000
B
Business
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Which of the following is NOT considered to be a factor that affects the external environment?
A) Interest rates B) Expansion and recession of the economy C) Dividend policy D) Credit conditions
Business
The financial crisis of 2008 resulted in
A) a steep increase in the price of newly issued stock because supply was limited. B) new regulations affecting initial public offerings. C) a sharp reduction in the number of initial public offerings. D) B and C, but not A.
Business