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For the Following Questions, Select the Letter of the Answer

question 2

Multiple Choice

For the following questions, select the letter of the answer that arranges each set of sentences in logical time order. The first sentence is the topic sentence in each set. Long before the English permanently colonized Virginia in 1607, both the French and Spanish had set up colonies in the New World.
____ The first permanent Spanish settlement was finally established in St. Augustine, Florida, in 1565, forty-two years before the English arrived in Jamestown.
____ Long before Jamestown, in 1526, the Spanish created, in what is now Georgia, the colony of San Miguel de Guadalupe.
____ The French colonized Fort Caroline, near present-day Jacksonville, Florida, in 1564, but it was destroyed by the Spanish a year later.
____ In 1562, the French established a colony at Port Royal, in what is now South Carolina.


Definitions:

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting the reduction of value due to wear and tear.

Operating Hours

The scheduled time during which a business or service is open to customers or operations are conducted.

Straight-Line Method

A depreciation method that allocates an equal amount of the depreciable cost of an asset to each year of the asset's useful life.

Book Value

The value of an asset according to its balance sheet account balance, taking into account the cost of the asset minus depreciation.

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