Lima Enterprises purchased a depreciable asset for $31,000 on April 1, Year 1. The asset will be depreciated using the straight-line method over its four-year useful life. Assuming the asset's salvage value is $3800, Lima Enterprises should recognize depreciation expense in Year 2 in the amount of:
A. $27,200.00
B. $6800.00
C. $7750.00
D. $26,066.67
E. $5666.67
Answer: B
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Zero Zone Inc. manufactures and sells display refrigeration and freezer units to supermarkets. A supermarket manager called Nathan, one of Zero Zone's salespeople, to inform him that his Zero Zone rear-load refrigeration display unit needed to be defrosted about three times every day. It was more than the normal rate, and Nathan responded immediately. He cancelled his other appointments and drove to the supermarket. Nathan worked for two hours installing a new oversized coil to fix the problem. Which of the following factors needed for the development of mutual trust is illustrated in this example?
A. Marketability B. Honesty C. Morality D. Likability E. Customer orientation
A typical marketing planning horizon is:
A) one month. B) six months. C) one year. D) five years.
This question has two parts; be sure to answer both. First, contrast Theory X and Theory Y, explaining why both theories are important. Next, imagine that you manage a staff of six paralegals at a law firm. One of your employees, Claire, is usually a good worker, but lately her performance has been slipping. List two things you might say to Claire if you are a Theory X manager and two things you might say to Claire if you are a Theory Y manager.
What will be an ideal response?
Activity Based Costing is most appropriate for a company that produces only one product
Indicate whether the statement is true or false