Gump Shrimp Company

question 64

Multiple Choice

Gump Shrimp Company
On January 1, 2011, Gump Shrimp Company purchased a ship for $1,000,000. It has a ten-year useful life and a salvage value of $100,000. The company uses the double-declining-balance method.
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Refer to the information provided for Gump Shrimp Company. What was the depreciation expense for Gump Shrimp for the year ended December 31, 2012?

• A) $ -0-
• B) $180,000
• C) $160,000
• D) $200,000

Describe the structure and function of the human respiratory system.

Understand the principles of gas exchange in different environments.

Identify physiological adaptations of diving mammals.

Understand how respiratory health is influenced by external factors such as smoking.

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Definitions:

Popliteus

A small muscle located at the back of the knee joint, important for unlocking the knee from a fully extended position.

Vastus Intermedius

A muscle located in the thigh, lying deep to the rectus femoris and part of the quadriceps femoris group, responsible for extending the knee.

Rectus Femoris

A muscle in the quadriceps group located in the thigh, responsible for extending the knee and flexing the thigh.

Tensor Fasciae Lata

A muscle of the thigh involved in stabilizing and moving the leg, and tightens the fascia around the thigh to aid in body movements.