Answer:
c is the answer to the question
Explanation:
If my answer is incorrect, pls correct me!
If you like my answer and explanation, mark me as brainliest!
Answer:
The second year’s depreciation for this equipment using the straight line method is 8,500
Explanation:
Depreciation: Depreciation is a decreasing value of the assets due to the tear & wear, obsolescence, usage,etc.
The formula to compute the depreciation under straight lie method is shown below:
=
=
= $8,500
The depreciation amount under straight line method should remain same over the estimated useful life
So, the second year’s depreciation for this equipment is $8,500
...........................................................
...............................................
..............................
................
........
....
..
.
.........................................................
.............................................
......................
........
.....
..
.
Answer:
One of the most important disadvantages of excess inventory is the loss of revenue. Products depreciate over time and lose their initial value. So the longer you hold a product, the cheaper it gets.