Harris co. takes a full year's depreciation expense in the year of an asset's acquisition and no depreciation expense in the year of disposition. data relating to one of harris's depreciable assets at december 31, 2015 are as follows:
acquisition year 2013
cost $210,000
residual value 30,000
accumulated depreciation 144,000
estimated useful life 5 years
using the same depreciation method as used in 2013, 2014, and 2015, how much depreciation expense should harris record in 2016 for this asset?
a. $24,000
b. $36,000
c. $42,000
d. $48,000

Which of the following is a disadvantage of equity alliances when compared to non-equity alliances? 1. they are reflective of weaker ties between firms.2. they do not permit the exchange of explicit knowledge.3. they are more likely to bring about lack of trust and commitment.4. they require significantly higher levels of investment.

Select the correct answer. which is a benefit of planning for your future career? a.being less prepared after high school. b.having higher tuition in college. c.earning college credits in high school. d.ruining your chances of having a successful career.

Moody corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. at the beginning of the year, the company made the following estimates: machine-hours required to support estimated production 100,000 fixed manufacturing overhead cost $ 650,000 variable manufacturing overhead cost per machine-hour $ 3.00 required: 1. compute the plantwide predetermined overhead rate. 2. during the year, job 400 was started and completed. the following information was available with respect to this job: direct materials $ 450 direct labor cost $ 210 machine-hours used 40