Which of the following terms does not mean the same as the others?
a. Book value
b. Salvage value
c. Scrap value
d. Disposal value
A
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Answer the following statements true (T) or false (F)
1. Computer-assisted instruction is an example of on-the-job training. 2. When doing a performance appraisal the manager will provide the subordinate with feedback. 3. Performance management is a method used to improve profitability through a rapid downsizing. 4. A company that evaluates its truckers based on miles of freight hauled is using objective appraisals.
Tide laundry detergent maintains the same market share it had 50 years ago because of the sales contributions from its various line extensions. It can be said that Tide employs a preemptive cannibalization strategy in generating line extensions
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Which one of the following is a decision the auditor makes when using attribute sampling?
a. The sampling unit. b. Period covered by testing. c. Completeness of the population. d. All of the above are auditor decisions.
Crowl Corporation is investigating automating a process by purchasing a machine for $792,000 that would have a 9 year useful life and no salvage value. By automating the process, the company would save $132,000 per year in cash operating costs. The new machine would replace some old equipment that would be sold for scrap now, yielding $21,000. The annual depreciation on the new machine would be $88,000. The simple rate of return on the investment is closest to (Ignore income taxes.):
A. 16.7% B. 5.1% C. 11.1% D. 5.7%