A slide projector purchased by Cobin Industries is expected to last 7 years. The purchase price was $13,780. The trade-in value is $2,300. Using the sum-of-the-years' digits depreciation method, calculate the accumulated depreciation at the end of year 3
A) $4,921.43
B) $7,380.00
C) $8,858.57
D) $6,400.00
B
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The major distinction between the canned sales presentation and the need-satisfaction approach relates to _____
a. the total time spent with a prospect b. total training costs c. whether the sales presentation is changed to reflect a prospect's needs d. whether order-taker or order-getter personnel are used
Suppose Mr. Barksdale sets his reorder point at 1100 phones. What is his average cell phone inventory?
A) 87.5 phones B) 105 phones C) 162.5 phones D) 257.5 phones
On the cover of its catalogue, Lands End Store used a picture from a book entitled, A Summer's Evening, that was written and copyrighted by Lisa Arredondo in 1995 . Lisa still holds the copyright to the book. Lands End and Lisa are citizens of Wisconsin. If Lisa sues Lands End for $45,000 in damages for copyright infringement in violation of the federal Copyright Act, she:
a. must bring her lawsuit in state court because her damages do not exceed $150,000. b. may bring her lawsuit in either federal or state court. c. must bring her lawsuit in federal court because federal court has exclusive jurisdiction. d. must bring her lawsuit in state court because both parties are from Wisconsin
Earnings per share are calculated only on income from continuing operations.
Answer the following statement true (T) or false (F)