San Gabriel Company Owns a Fixed Asset with an Original

question 34

Multiple Choice

San Gabriel Company owns a fixed asset with an original cost of $100,000.The company estimates it will use the fixed asset for four years,at which time it will be sold for $10,000.The book value of the fixed asset after three years of use is ________.

• A)$32,500
• B)$45,000
• C)$50,000
• D)$100,000

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Definitions:

Segmental Contraction

A mechanism of movement in the gastrointestinal tract where segments of intestines alternately contract and relax to mix and propel contents.

Mass Movements

The large-scale movements of the colon responsible for the bulk movement of feces towards the rectum.

Mastication

Process of chewing.

Chemical Digestion

The process by which food is broken down by enzymes and acids in the digestive system into substances the body can use.