What depreciation class is used for the purchase of a barge? Use the MACRS method
10;
Vessels, barges, tugs, and similar water transportation equipment use the 10-year class.
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Assume the indirect method is used to compute net cash flows from operating activities. For this item extracted from the financial statements-Decrease in Inventory-indicate the effect on net income in arriving at net cash flows from operating activities by choosing one of the following:
A) Add to net income to arrive at net cash flows from operating activities. B) Subtract from net income to arrive at net cash flows from operating activities. C) Not used to adjust net income to calculate net cash flows from operating activities.
The four primary ethical norms include freedom, ________, justice, and efficiency
A) retribution B) stability C) profit D) power
A cash equivalent is a highly liquid investment that can be converted into cash in three years or less
Indicate whether the statement is true or false
The U.S. Immigration law and policy are deemed to be the exclusive provinces of the:
a. local government. b. federal judiciary. c. state government. d. federal government.