Hank's Tax Planning Service Bought Computer Equipment for $19,200 on January

question 107

Essay

Hank's Tax Planning Service bought computer equipment for $19,200 on January 1,2012.It has an estimated useful life of 4 years.Hank records depreciation monthly.As of September 30,2012,Hank has recorded total depreciation expense for this equipment of:
A) $2,400.
B) $3,600.
C) $400.
D) $14,400.

• A) $2,400.
• B) $3,600.
• C) $400.
• D) $14,400.

---

Definitions:

Level Of Risk

A measure of the potential for loss in an investment or business situation.

Variance

Variance is a statistical measurement that describes the spread of numbers in a data set, indicating how much the numbers differ from the average value.

Average Return

The mean amount of profit or loss generated by an investment over a given period.

Semi-strong-form Efficient

Semi-strong-form efficiency is a class of market efficiency that posits that all public information is already reflected in stock prices, making it impossible to consistently achieve higher returns by trading on that information.