A Company Purchased a Van at a Cost of $42,000

question 47

Multiple Choice

A company purchased a van at a cost of $42,000 and expects it can be sold for $6,000 after 120,000 miles of service. Assuming the units-of-production method is used and the van is driven for 24,000 miles during the first year, the depreciation at the end of the first year would be

• A) $4,200.
• B) $1,200.
• C) $7,200.
• D) $12,000.

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Definitions:

Enema Administration

The process of introducing a liquid into the rectum and colon via the anus to induce bowel movements or administer medication.

Insertion

The act of placing or inserting an object or material into something else, often used in medical contexts, like the insertion of a needle or catheter into the body.

NG Tube

A nasogastric tube, a medical device used to deliver food and medicine directly to the stomach through the nose.

Secure

To make something free from threat or risk; often refers to procedures or measures taken to ensure safety and protection.