Measuring vehicles _________________.
A. This is done here and there.
B. This is done with a ruler.
C. This is done with laser equipment.
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Repairs ____________________________.
A. Repairs are done with state-of-the-art laser equipment.
B. Repairs are carried out by other companies.
C. The company can repair semi-trailers.
Crane and lifting systems _______________.
A. They are needed to rapair the semi-trailers.
B. They are used when painting the semi-trailers.
C. This is where the logos are painted.
Spare parts __________________.
A. The spare parts are purchased.
B. The spare parts are made in the factory.
C. There is a spare parts store in the factory.
A lorry bought for a business cost $17,000. It is expected to last for 5 years and then be sold for scrap for $2,000.Required:Work out the depreciation to be charged each year under:A. The straight line methodB. The reducing balance method (using a rate of 35%)
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