Viva Company Bought Machine X for $18,000 Two Years Ago

question 155

Multiple Choice

Viva Company bought machine X for $18,000 two years ago.The machine had no residual value and had an estimated useful life of 10 years.If the company uses the straight-line depreciation method,calculate the current book value of the machine.

• A)$14,400
• B)$3,600
• C)$19,800
• D)$18,000

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Definitions:

Negative Attitude

A pessimistic outlook or disposition towards people, situations, or events, often hindering progress and positive outcomes.

Emotional Intelligence

Being able to identify, control, and communicate one’s emotions, along with managing relationships with others in a sensible and empathetic manner.

Emotional Tasks

Activities or duties that require managing and expressing emotions appropriately.

Components of Attitudes

The three main elements that make up attitudes: cognitive (beliefs and thoughts), affective (emotions and feelings), and behavioral (actions or intentions to act).