The original cost of a van was $32,000 with an estimated life of 5 years. What is the end-of-year book value?

a. $19,200

b. $12,800

c. $25,600

d. $6,400


d

Business

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Integrative mechanisms that aid group problem solving, information sharing, and cooperation across business functions are all necessary for

A. computer-integrated manufacturing. B. time-based competition. C. total quality management. D. customer relationship management. E. high-involvement organizations.

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The law grants the right of disaffirmance to ____________________ minors, regardless of whether the agreement is fair or unfair to the minor

Fill in the blank(s) with correct word

Business

Which of the following is not one of the eight basic facts about financial structure?

A) Debt contracts are typically extremely complicated legal documents that place substantial restrictions on the behavior of the borrower. B) Indirect finance, which involves the activities of financial intermediaries, is many times more important than direct finance in which businesses raise funds directly from lenders in financial markets. C) Collateral is a prevalent feature of debt contracts for both households and businesses. D) New security issues is the most important source of external funds to finance businesses.

Business

Automating business procedures and automatically maintaining data integrity and consistency are trivial in a modern business environment

a. True b. False Indicate whether the statement is true or false

Business