On October 1, 2012, Ming Wo Ltd

question 75

Multiple Choice

On October 1, 2012, Ming Wo Ltd. places a new asset into service. The cost of the asset is $16,000 with an estimated 5-year life and $4,000 residual value. If Ming Wo uses straight-line depreciation, the depreciation expense for calendar 2012 is

• A)$ 600.
• B)$ 800.
• C)$1,067.
• D)$2,400.

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P-value

The probability of obtaining a test statistic at least as extreme as the one that was actually observed, under the assumption that the null hypothesis is true.

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Relating to or in a manner that results in a significant output or contribution, especially in terms of work or economic activity.

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