If you find the range to be very wide, it signals that the average may not be typical of most respondents
Indicate whether the statement is true or false
FALSE
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Badger Corporation purchased a machine for $132,000 on January 1 . 2011, and depreciated it by the straight-line method using an estimated useful life of eight years with no salvage value. On January 1 . 2014, Badger determined that the machine had a useful life of six years from the date of acquisition and will have a salvage value of $12,000 . A change in estimate was made in 2014 to reflect
these additional data. What amount should Badger record as the balance of the accumulated depreciation account for this machine at December 31 . 2014? a. $73,000 b. $77,000 c. $61,250 d. $63,600
An adverse opinion is reflective of a material misstatement or discrepancy in a company's financial records
Indicate whether the statement is true or false
The most common ethical issue in new-product development involves the Federal Trade Commission's definition of the term
A. improved. B. better. C. healthier. D. guaranteed. E. new.
Ten years ago Bacon Signs Inc. issued twenty-five-year 8% annual coupon bonds with a $1,000 face value each. Since then, interest rates in general have fallen and the yield to maturity on the Bacon bonds is now 7%
Given this information, what is the price today for a Bacon Signs bond? A) $1,000 B) $1,116.54 C) $1,091.08 D) $914.41