On January 1, a machine with a useful life of four years and a salvage value of $16000 was purchased for $80000. What is the depreciation expense for year 2 under straight-line depreciation?a. $80000.b. $20000. c. $40000. d. $44000.

Employees who are paid to complete a task, such as build a house, are paid on a(n) basis

Which of the following statements is true? a. financial investment refers to the creation and expansion of business enterprisesb. economic investment refers to the creation and expansion of business enterprisesc. economic investment refers to the purchase of assets such as stocks, bonds, and real estated. both economic and financial investment refer to the purchase of assets such as stocks, bonds, and real estate

Amanda works as an industrial designer