Land is not depreciated because it
a. appreciates in value.
b. does not have an established depreciable life.
c. has a useful life that is limited to the period of time a company is in business.
d. will provide future benefits for a company for an unlimited period of time.
d
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Prototype stores are often used in conjunction with micromerchandising
Indicate whether the statement is true or false
The following information relates to the operations of Cruz Manufacturing during the current year: Raw materials used$20,000 Direct labor wages 60,000 Sales salaries and commissions 50,000 Depreciation on production equipment 4,000 Rent on manufacturing facilities 30,000 Packaging and shipping supplies 6,000 Sales revenue 190,000 Units produced and sold 10,000 Selling price per unit$20.00 Based on this information, what is the company's cost of goods sold?
A. $114,000 B. $120,000 C. $170,000 D. $86,000
For which circumstances should an employee manual be reviewed/revised?
a. New employment laws have been enacted. b. Company goals or benefit plans changed. c. Company has grown. d. All of the above
Diet problems usually maximize nutritional value
Indicate whether this statement is true or false.