Deacon Company purchased equipment last year for $30,000 . The equipment has an estimated useful life of five years. What amount will appear on the income statement for depreciation expense for the month of March 2016?

a. $0
b. $500
c. $6,000
d. $30,000


b

Business

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Many not-for-profit organizations practice the marketing concept

Indicate whether the statement is true or false

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What will be an ideal response?

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Fenton has a food truck in which he sells mainly burgers and fries. He decided to expand his product line to begin serving grilled chicken sandwiches as well. Fenton is noticing that his existing customers now order the chicken over the burgers, and his sales have not increased, in fact, they have decreased slightly. This is most likely due to

A. poor marketing of the burger option. B. cannibalization. C. low brand equity. D. revitalization. E. differentiation.

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