Security authentication prevents parties from denying actions they have taken
Indicate whether the statement is true or false
FALSE
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Why is it important that a manager's evaluation be based only on those revenues and costs that he or she can control?
Strategies relating to price become more mixed during a product's maturity stage.
Answer the following statement true (T) or false (F)
Which of the following statements is most accurate as concerning fiber-optic cables?
A) Plastic is less expensive to manufacture, but works over shorter distances. Glass is more expensive, but works over greater distances. B) Glass is less expensive to manufacture, but works over shorter distances. Plastic is more expensive, but works over greater distances. C) Plastic is less expensive to manufacture, but works over greater distances. Glass is more expensive, but works over shorter distances. D) none of the above
On January 1, Year 1, Phoenix Corporation purchased a delivery truck for $45,000. The estimated useful life of the truck is 5 years, with an estimated salvage value of $9,000. The truck is expected to be driven 200,000 miles during its useful life.Required:a) If Phoenix uses double-declining-balance depreciation, what is the amount of depreciation for Year 2? What is the balance of the accumulated depreciation account at the end of Year 2?b) Refer to part a. Assume Phoenix used double-declining-balance depreciation and sold the truck at the beginning of Year 3 for $18,000. What is the amount of the gain or loss on the sale of the delivery van?c) Assume that Phoenix used units-of-production depreciation instead. The delivery van was driven 50,000 miles the first year and 40,000 miles the
second year. What is the amount of depreciation expense for Year 1 and for Year 2? What is the book value of the van at the end of Year 2? What will be an ideal response?