subject
Business, 11.10.2019 03:30 daidai123

Lucky started a new business last year. since it was the first year of operation, the business purchased $10,000 in machinery and used the straight-line method for deprecation. business is booming, so lucky purchased $15000 in equipment during the current year to meet production demands. which of the following statements is true regarding the depreciation choices available to lucky. a. the new machinery can be depreciated using the same method or different method than the previously purchased machineryb. if lucky wants to use a different depreciation method, he must recapture depreciation and change the method used on the prior purchase of machineryc. the new machinery must be depreciated using the same method as the previously purchased machinery

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 16:30
Which of the following has the largest impact on opportunity cost
Answers: 2
question
Business, 22.06.2019 18:10
Why would an investor invest in your stocks
Answers: 1
question
Business, 22.06.2019 23:20
You work as the sales manager for a company that sells office supplies to businesses of all sizes. because the profit margins are razor-thin, you need to ensure that you are getting the very best prices on paper, pencils, pens, post-it notes, and other office supplies from the manufacturers. when reviewing the quarterly profit statement, you realize that your costs are higher than they should be, and you trace the higher costs back to an employee who has been lax about getting competitive bids to ensure the lowest prices. when you conduct your research to determine the reason for the higher costs, and take action to bring those costs back down, in which of the key management processes are you taking part?
Answers: 3
question
Business, 23.06.2019 04:20
What common business mistake can cost you everything
Answers: 1
You know the right answer?
Lucky started a new business last year. since it was the first year of operation, the business purch...
Questions
question
Social Studies, 01.12.2021 02:20
question
Mathematics, 01.12.2021 02:20
Questions on the website: 13722367