Author Question: The WebTrust family of services offers best practices and e-business solutions related exclusively ... (Read 72 times)

jayhills49 · **on:** Jul 5, 2018

The WebTrust family of services offers best practices and e-business solutions related exclusively to B2B electronic commerce.
Indicate whether the statement is true or false

Question 2

TER Company uses the activity (units-of-production) method to depreciate long-term assets. The company owns a truck that cost 48,000. The truck is estimated to have a salvage value of 4,000 and a useful life of 200,000 miles.

How much depreciation expense would be reported on the income statement in a year in which the truck is driven 50,000 miles?
A) 13,000
B) 12,000
C) 11,000
D) 10,000