A _____ year ends on a date that is determined by the firm, perhaps based on its business model (for example, many retailers choose the end of January)
a. physical
b. natural
c. fiscal
d. business cycle
e. normal
C
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Norwood, Inc purchased a crane at a cost of $80,000 . The crane has an estimated residual value of $5,000 and an estimated life of 8 years, or 12,500 hours of operation. The crane was purchased on January 1, 2015 and was used 2,700 hours in 2015 and 2,600 hours in 2016. Refer to the information about Norwood, Inc If Norwood uses the double-declining-balance depreciation method, what amount is the
depreciation expense for 2016? a. $14,063 b. $15,000 c. $18,750 d. $20,000
With respect to powerful brand elements, ________ is an extremely efficient means to build brand equity. This element functions as a useful "hook" to help consumers grasp what the brand is and what makes it special
A) the tangibility of a product B) a product's shape C) a slogan D) a patent E) a copyright
Recent research by McKinsey Global Institute suggests that by 2020, the worldwide shortage of highly skilled, college-educated workers could reach
A. 2 million B. an all-time low C. almost 40 million D. 12 million
Which influences the service desk's location?
A. the need for security B. technical sophistication C. the nature of problem solving analysts do D. the cost of operating the service desk