Provide an Appropriate Response $\quad - 5 , - 60 , - 62 , - 14$

question 101

Multiple Choice

Provide an appropriate response.
-List the numbers in increasing order from left to right. $\quad - 5 , - 60 , - 62 , - 14$

• A) \(- 62 , - 60 , - 14 , - 5\)
• B) \(- 5 , - 60 , - 62 , - 14\)
• C) \(- 5 , - 14 , - 60 , - 62\)
• D) \(- 60 , - 62 , - 5 , - 14\)

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Definitions:

Book Value

The net value of a company's assets as recorded on the balance sheet, deducting liabilities, indicating the shareholder equity.

Residual Value

The projected worth of an asset upon reaching the conclusion of its service period.

Straight-line Method

A depreciation method that allocates an equal amount of depreciation each year over the useful life of an asset.

MACRS

Modified Accelerated Cost Recovery System, a method of depreciation in the U.S. that allows businesses to recover investments in certain property through annual deductions.