On January 1, 20X1, Walton Company purchased a machine for $200,000 and established an annual straight-line depreciation rate of 10%, with no salvage value. During 20X5 Walton determined that the machine would not be economically useful in its production process after December 31, 20X5. Walton estimated that the machine had no scrap value at December 31, 20X5, and would be disposed of in early 20X6 at a cost of $5,000. In its income statement for the year ended December 31, 20X5, what amount(s) and type of charge(s) should Walton report for depreciation expense and loss from impairment on this machine

When earning simple interest on money you invest, which statement is true? a. as time goes on and your bank account grows, you earn more interest. b. as time goes on and your bank account grows, you earn less interest. c. as time goes on and your bank account grows, you earn the same amount of interest. d. as time goes on and your bank account grows, you stop earning interest.

About 20 years ago, sturdy light, inc., produced a sturdy, lightweight backpack in a market that was rapidly growing. sturdy light became a leader in this market. eventually, the backpack market reached the maturity stage and slowed down. however, by this time, sturdy light had developed a strong brand name and continued to steadily lead the market. which of the following describes this scenario? a. sturdy light was a star that developed into a cash cow. b. sturdy light was a question mark that developed into a star. c. sturdy light was a dog that developed into a question mark. d. sturdy light was a cash cow that developed into a star.

Suppose a country's productivity last year was 84. if this country's productivity growth rate of 5 percent is to be maintained, this means that this year's productivity will have to be: