Using the Information Below Calculate the Average Total Depreciable Life $\text { Information from the Balance Sheet: }$

question 59

Multiple Choice

Using the information below calculate the average total depreciable life of the assets: $\text { Information from the Balance Sheet: }$

$\begin{array}{llll}&2012&2011\\\text { Depreciable Assets } & \$ 475,000 & \$ 385,000 \\\text { Accumulated Depreciation } &\underline{(150,000) }&\underline{(95,000) }\\ \text { Depreciable Assets(Net) } & \$325,000& \$ 290,000\end{array}$ $\begin{array}{llcc} \text {From the Income Statement } &2012 \\ \text { Depreciation Expense } &\$47,000\\\end{array}$

• A) 6.54 years
• B) 10.10 years
• C) 6.91 years
• D) 9.15 years

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Definitions:

Social Control

Mechanisms, strategies, and institutions that societies use to regulate individual behavior and maintain social order.

Cultural Control

The practice of managing and influencing the cultural aspects of an organization to align with its goals and values.

Corporate Culture

Corporate Culture denotes the shared values, beliefs, attitudes, and practices that characterize an organization, influencing its decision-making and work environment.

Implementation Through Change

The process of applying strategies and plans to modify processes, systems, or behaviors within an organization to achieve desired outcomes.