XYZ Company purchased a drill press for $600,000 on January 1, 2017; the drill press had an estimated expected life of 4 years and an estimated residual (salvage) value of $100,000. The company uses the double declining balance method of depreciation. On December 31, 2018, what is the amount of depreciation expense (year 2) the company will report

Which of the following statements is not correct? 1) trade allows for specialization. 2) trade has the potential to benefit all nations. 3) trade allows nations to consume outside of their production possibilities curves. 4) absolute advantage is the driving force of specialization.

There are more than two types of bachelors’ degrees true or false?

Suppose you hold a portfolio consisting of a $10,000 investment in each of 8 different common stocks. the portfolio's beta is 1.25. now suppose you decided to sell one of your stocks that has a beta of 1.00 and to use the proceeds to buy a replacement stock with a beta of 1.55. what would the portfolio's new beta be? do not round your intermediate calculations.