Dependable motors just purchased some macrs five-year property at a cost of $216,000. the macrs rates are .2, .32, and .192 for years 1 to 3, respectively. assume the firm opted to forego any bonus depreciation. which one of the following will correctly give you the book value of this equipment at the end of year 2?
a) $216,000(1+-2 + .32)
b) $216.000(1 .2- 32
c) s216,000(.20+.32)
d) [$216,000( 20)1 32)
e) s216,000[ + .201+.32)]

while setting up his new office, an attorney ordered thick, frieze carpets for the floor. however, the building inspector had him remove the expensive carpeting. the building inspector stated that according to federal regulations, the office must be wheelchair accessible as it is a public area. he further explained that since wheelchairs do not maneuver well in thick, frieze carpeting, the carpets had to be removed and be replaced with smooth-textured carpets that do not restrict wheelchair maneuverability. this scenario illustrates how a company is influenced by the component of its specific environment.

What is the difference between secure bonds and naked bonds?

Acompany has $80,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. experience suggests that 6% of outstanding receivables are uncollectible. the current credit balance (before adjustments) in the allowance for doubtful accounts is $1,200. the journal entry to record the adjustment to the allowance account includes a debit to bad debts expense for $4,800. true or false