On january 2, 2019, kornis corporation acquired equipment for $1,000,000. the estimated life of the equipment is 5 years or 100,000 hours. the estimated residual value is $20,000.
what is the balance in accumulated depreciation on december 31, 2019, if kornis corporation uses the double−declining−balance method of depreciation?

The maximum tax rate on estates and gifts

Refer to the payoff matrix. suppose that speedy bike and power bike are the only two bicycle manufacturing firms serving the market. both can choose large or small advertising budgets. is there a nash equilibrium solution to this game?

Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.