Mohr Company purchases a machine at the beginning of the year at a cost of $24,000. The machine is depreciated using the straight-line method. The machine's useful life is estimated to be 5 years with a $4,000 salvage value. The book value of the machine at the end of year 2 is:
A. $20,000.
B. $8,000.
C. $4,000.
D. $16,000.
E. $12,000.
Answer: D
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Differentiated marketing is used when the firm selects one segment and attempts to capture a large share of this market.
Answer the following statement true (T) or false (F)
The executor of the Estate of Kate Tweed discovered the following assets (at fair value): Cash$104,000 Interest receivable 7,800 Life Insurance policy 390,000 Residence 260,000 Shares of PepsiCo 65,000 Shares of Apple 143,000 Shares of Kenyan Lake 182,000 ??The will of Kate Tweed had the following provisions:? $195,000 in cash went to Victor Vickery. ? All shares of PepsiCo went to Duchess Doyle. ? The residence went to Louis Tweed. ? All other estate assets were to be liquidated with the resulting cash going to the Sacred Church of Liberty, Missouri.?Title to the residence was conveyed to Louis Tweed. Prepare the journal entry to record the transaction.
What will be an ideal response?
After a recession when the economy starts to expand again, firms tend to ________.
A) increase share repurchases faster than they increase dividends B) increase dividends faster than they increase share repurchases C) increase share repurchases and dividends at a similar rate D) increase dividends and hold share repurchases constant until they are confident that the recovery will last for a few years
The goal of the job characteristics model is to
A. increase intrinsic motivation in jobs. B. apply scientific methods to job design. C. guide the goal-setting process. D. guide managers in applying job-swapping techniques. E. increase extrinsic motivation in jobs.