Using the Straight-Line Method, Depreciation for 2010 and Book Value

question 29

Multiple Choice

Using the straight-line method, depreciation for 2010 and book value at December 31, 2010, would be:

• A)$10,000 and $20,000.
• B)$10,000 and $25,000.
• C)$11,250 and $17,500.
• D)$11,250 and $22,500.Depreciation in 2010 = ($45,000 5,000) 4 = $10,000 Book value, 12/31/10 = $45,000 (2 $10,000) = $25,000

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Definitions:

Emotions

Affective states that are experienced as a response to internal or external events and are associated with physiological, behavioral, and cognitive changes.

Primary Drives

Basic physiological needs such as hunger, thirst, and sleep, which motivate behavior to ensure survival.

Stimuli

External factors or events that elicit a physiological or psychological response in an organism.

Drive-Reduction Principle

A theory suggesting that psychological needs create an aroused state that drives an organism to reduce that need by engaging in some behavior.