The following information is available on a depreciable asset owned by mutual savings bank:

purchase date july 1, year 1
purchase price $73,600
salvage value $10,400
useful life 8 years
depreciation method straight-line

the asset's book value is $57,800 on july 1, year 3. on that date, management determines that the asset's salvage value should be $5,400 rather than the original estimate of $10,400. based on this information, the amount of depreciation expense the company should recognize during the last six months of year 3 would be:

multiple choice

a. $1,750.00

b. $4,366.67

c $2,408.33

d. $2,183.33

e. $2,116.37

Crowding out is a phenomenon focused upon most by the macroeconomists of whereby a government deficit interest rates, which in turn private investment spending. this group also believed that fiscal policy is the only thing that can lower natural unemployment. is just as effective in countering recessions as monetary policy. can be used most of the time, but monetary policy becomes a better option when velocity is fluctuating. should be used only if the central bank follows a monetary policy rule. faces problematic lags in propagating changes throughout the economy.

Where are subduction zones most likely to form

Yang corporation starts a foreign subsidiary on january 1 by investing 20,000 rand. yang owns all of the shares of the subsidiary’s common stock. the foreign subsidiary generates 40,000 rand of net income throughout the year and pays no dividends. the rand is the foreign subsidiary’s functional currency. currency exchange rates for 1 rand are as follows: lo 10-3 january $0.25 = 1 rand average for the 0.28 = 1 december 0.31 = 1 in preparing consolidated financial statements, what translation adjustment will yang report at the end of the current year? a. $400 positive (credit). b. $1,000 positive (credit). c. $1,400 positive (credit). d. $2,400 positive (credit). hoyle, joe ben; hoyle, joe ben. advanced accounting (page 513). mcgraw-hill higher education. kindle edition.