A) subject to a higher degree of default risk B) issued by the U.S. Treasury

General Electric Corporation has productive activities in a number of countries. As a result, it would be appropriate to refer to General Electric as a _____________ corporation

Fill in the blank(s) with the appropriate word(s).

WahoosWin Corporation estimates the life of its building to be 30 years. It originally cost $300,000 and was given a residual value of $30,000. Depreciation expense per year should be:

a. $9,000 b. $90,000 c. $10,000 d. $100,000 e. $300,000