Falcon company purchased a depreciable asset for $125,000. the estimated salvage value is $10,000, and the estimated useful life is 10 years. the straight-line method will be used for depreciation. what is the depreciation base of this asset?

a. $11,500
b. $12,500
c. $115,000
d. $125,000

Which statement best defines tuition? tuition is federal money awarded to a student. tuition is aid given to a student by an institution. tuition is money borrowed to pay for an education. tuition is the price of attending classes at a school.

You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be: