[The following information applies to the questions displayed below.]Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $1,900,000. Harding paid $350,000 and issued a note payable for the remainder of the cost. An appraisal of the property reported the following values: Land, $374,000; Building, $1,100,000 and Equipment, $726,000.Assume that Harding uses the units-of-production method when depreciating its equipment. Harding estimates that the purchased equipment will produce 1,000,000 units over its 5-year useful life and has a salvage value of $34,000. Harding produced 265,000 units with the equipment by the end of the first year of purchase. Which amount below is closest to the amount Harding will record for depreciation
expense for the equipment in the first year?
A. $193,450
B. $165,890
C. $125,200
D. $157,145
Answer: D
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Which of the following statements is TRUE?
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A retailer that wanted to target prospective grooms between the ages of 21 and 40 who are within six months of their marriage is using ________ segmentation to define its target market
A) lifestyle B) behavioral C) socioeconomic D) demographic E) ethnicity
People who picket on the public sidewalks in front of the homes of doctors who perform abortions with signs saying "Abortion is Wrong" can be
A) liable for trespass B) liable for nuisance C) liable for defamation D) liable for battery E) liable for assault
A poker player is considering three different options after his opponent bet 200 before him. If the player folds, he will lose instantly. If the player calls, he figures he will win half the time
If he raises, he figures that the opposing player will not re-raise him, but rather will either call or fold. He figures the opposing player will call only ¼ of the time, folding the other ¾ of the time. If the opposing player calls his raise, he figures he will never win. The pot size is 1,000 (including the opposing player's bet). a. Draw a decision tree for this scenario including the information provided in part b. b. Suppose that the player is thinking of raising to $400 (he will put in 200 to match the opponent's bet and another 200 as a raise, his opponent would then have to put in 200 more to call the raise). Is this the best option or should he instead call or fold? c. At what raise size is the player's EMV of a raise equivalent to simply calling?