Use the Information Presented Below for Chambersburg Corp ​
-Refer to the Information for Chambersburg Corp

question 70

Multiple Choice

Use the information presented below for Chambersburg Corp.for 2017 and 2016 to answer the questions that follow.Chambersburg uses the straight-line depreciation method. $\begin{array}{lrr}&\mathbf{2 0 1 7} & \mathbf{2 0 1 6} \\\text { Property, plant, and equipment }&\$ 250,000 & \$ 190,000 \\\text {Accumulated depreciation }&100,000 & 85,000 \\\text { Depreciation expense }&62,500 & 47,500 \\\text { Net sales }&1,000,000 & 900,000 \\\text { Average Total assets }&625,000 & 475,000\\\end{array}$ ​
-Refer to the information for Chambersburg Corp. ?
Using the 2017 data, what is the average age of Chambersburg's property, plant, and equipment?

• A) 1.60 years
• B) 2.50 years
• C) 4.00 years
• D) 10.00 years

---

Definitions:

Neurons

The basic working units of the brain, specialized cells designed to transmit information to other nerve cells, muscle, or gland cells.

Parallel

In computing, refers to processes occurring simultaneously, or in electronics, circuits that are side by side.

Human Factors Engineering

An applied area of research that focuses on the design of equipment and technology that are well suited to people’s cognitive capabilities.

Psycholinguistics

The interdisciplinary study of the psychological and neurobiological factors that enable humans to acquire, use, and understand language.