12 seconds Question Completion Status QUESTION 34 A higher fored assets turnover ratio indicates that a company is earning more revenue for each dollar invested in fied assets. True False QUESTIONS Trace's Trikes Inc. purchased a new air compressor for 150 on January 2018. The compressor has an estimated of 5 years and a residual value of 50. The estimated productive life of the ar compressors 1.000 hours. Dunn 2019. the company sed the compressor for 72 hours. The company has a December 1 year end. What the depreciation expense for 2019 straight line method a. 5370 b. $300 C5300 d. 5720 QUESTION 36 Traces Tres ve purchased a new compressor torony 2013, the presses and see of years and red value of the estimated producto compressor 3.000 hours. During 2016, the company used the compressor for 72 hours. The company has a December 31 year and what is the depreciation expense for 2019 using the double declining balance method QUESTION 37