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Global Fitters, an international clothing company, has purchased material handling equipment that cost $100,000 and...

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Accounting

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Global Fitters, an international clothing company, has purchased material handling equipment that cost $100,000 and a salvage value of $18,000 after 10 years. Determine the book value of the equipment after 3 years using: (a) MACRS depreciation (b) Straight-line depreciation (c) Sum-of-years-digits (SOYD) depreciation (d) 150% declining balance depreciation (e) Global Fitters uses low-cost labor in emerging world economies to manufacture its products. List three potential ethical issues that are asso- ciated with the use of this labor pool

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