Martin Company purchases a machine at the beginning of the year at a cost of $80,000. The machine is depreciated using the double-declining-balance method. The machine's useful life is estimated to be 4 years with a $6600 salvage value. The machine's book value at the end of year 3 is:
A. $60,000.
B. $40,000.
C. $10,000.
D. $9150.
E. $70,000.
Answer: C
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A. counseling. B. self-appraisal. C. goals. D. self-assessment. E. feedback.
Writers can use words and phrases such as on the other hand, as opposed to, and conversely to show contrast in business messages
Indicate whether the statement is true or false
Pam's Copy Shop is in the process of organizing its assets in the appropriate order. They ask you for help in arranging the following assets: equipment, accounts receivable, cash, merchandise inventory, and notes receivable. You list ____ first and ____ last.
A. merchandise inventory; notes receivable B. accounts receivable; equipment C. notes receivable; accounts receivable D. equipment; accounts receivable E. cash; equipment
_____ is the process of anticipating events and determining strategies to achieve organizational objectives.
A. Planning B. Portfolio evaluation C. Forecasting D. Implementation E. Evaluation