In general, profit centers are found at higher levels in an organization than investment centers.
Answer the following statement true (T) or false (F)
False
Investment centers are found at higher levels.
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Equipment costing $30,000 with a residual value of $3,000 and an estimated life of eight years has been depreciated using the straight-line method for two years. Assuming a revised estimated total life of five years, the depreciation expense for year 3 would be
a. $3,375. b. $4,500. c. $6,750. d. $5,400.
Discuss why the effective business communicator should vary sentence and paragraph length
The EOQ model assumes that order costs are?
a. Unknown b. Known, but variable c. Known and constant d. The EOQ model makes no particular assumptions about order costs
How is net cash flow calculated if depreciation is the only noncash item in a firm's income statement??
A. ?Net cash flow = Net income + Depreciation and amortization B. ?Net cash flow = Accounting profit - Depreciation and amortization C. Net cash flow = Accounting profit - Operating cash flow D. ?Net cash flow = Fixed assets + Depreciation and amortization E. ?Net cash flow = Operating cash flow - Depreciation and amortization