11- Global Fitters, an international clothing company, has purchased material handling equipment that cost $100,000 37 and a salvage value of $18,000 after 10 years. Determine the book value of the equipment after 3 years using: (a) Straight-line depreciation E (b) 150% declining balance depreciation (c) 100% bonus depreciation (d) 7-year MACRS depreciation (e) Global Fitters uses low-cost labor in emerging world economies to manufacture its products. List three potential ethical issues that are associated with the use of this labor pool.
11- Global Fitters, an international clothing company, has purchased material handling equipment that cost $100,000 37 and a salvage value of $18,000 after 10 years. Determine the book value of the equipment after 3 years using: (a) Straight-line depreciation E (b) 150% declining balance depreciation (c) 100% bonus depreciation (d) 7-year MACRS depreciation (e) Global Fitters uses low-cost labor in emerging world economies to manufacture its products. List three potential ethical issues that are associated with the use of this labor pool.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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