Mr. Hart owns a small horse ranch. He also raises dogs on the ranch to help with the horses.

Mr. Hart has a total budget of $\$ 30,000$ to buy horses and dogs for the ranch. How many horses and dogs can Mr. Hart buy for his ranch if the relationship stays the same? Explain your reasoning. Show your work.

People get energy from the food they eat. This energy is measured in calories. When you exercise, you use up or burn calories. The picture at the right shows about how many calories a 125 -pound person burns each minute bowling. How many calories does a 125 -pound person burn in 2 hours of bowling?

Mr. Hart owns a small horse ranch. He also raises dogs on the ranch to help with the horses.

Mr. Hart estimated the cost of buying the horses and dogs.

• cost for each horse: $\$ 1,500$

• cost for each dog: $\$ 500$

• one-time fee for transporting horses: $\$ 2,000$

• one-time fee for transporting dogs: $\$ 500$

Write an equation that represents the cost to buy a horse. Write another equation that shows the cost to buy a dog. Identify the variables in the equations.

DLW Corporation acquired and placed in service the following assets during the year:

Assuming DLW does not elect §179 expensing or bonus depreciation, answer the following questions: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.)

(Round your answers to the nearest whole dollar amount.)

a. What is DLW's year 1 cost recovery for each asset?

b. What is DLW's year 3 cost recovery for each asset if DLW sells all of these assets on 1/23 of year 3?

In this exercise underline the independent variable and circle the dependent variable in the given situation.

The length of a story in pages, $p$, and the number of words, $w$, in a story.

Which equation can be used to describe the pattern in the table?

(A) $y=2 x-13$

(B) $y=x \div 2$

(C) $y=x \div 2+1$

(D) $y=x \div 2-1$

In this exercise, identify the independent variable and the dependent variable.

The amount of money, m, earned if t raffle tickets are sold.

Identify the dependent variable and the independent variable in each situation.

The amount of money you have spent, $s$, and how much money you have left, $m$

True or False?

Amortization for intangibles decreases both assets and liabilities.

Accounting is often referred to as "the language of business".

Explain what that expression means.

Assets not used directly in the operations of the business are referred to as:

An asset was purchased three years ago for $\$120,000$. It falls into the five-year category for MACRS depreciation. The firm is in a 35 percent tax bracket. Compute the following: Tax loss on the sale and the related tax benefit if the asset is sold now for $\$15,060$.

Identify each of White Corporation's following assets as an ordinary, capital, or 1231 asset.

A. Two years ago, White used its excess cash to purchase a piece of land as an investment.
B. Two year ago, white purchased land and a warehouse. It uses these assets in its business.
C. Manufacturing machinery White purchased earlier this year.
D. Inventory White purchased 13 months ago but is ready to be shipped to a customer.
E. Office equipment White has used in its business for the past three years.
F. 1000 shares of stock in Black corporation that White purchased two years ago because it was a good investment.
G. Account receivable from a customer with terms 2/10 net 30.
H. Machinery White held for three years and then sold at a loss of $10,000.

What should be done if the pattern does not check for other values in the table?