Asurface mount pcb placement/soldering line is to be installed for $1.6 million. it will have a salvage value of $100,000 after 5 years. determine the depreciation deduction and the resulting unrecovered investment (adjusted basis) during each year of the asset’s life. a) use straight line depreciation b)use double declining balance depreciation

Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry?

Compare the sources of consumer credit(there's not just one answer)1. consumers use a prearranged loan using special checks2. consumers use cards with no interest and non -revolving balances3. consumers pay off debt and credit is automatically renewed4. consumers take out a loan with a repayment date and have a specific purposea. travel and entertainment creditb. revolving check creditc. closed-end creditd. revolving credit

Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.