Aptitude and interest tests are designed to provide clues about your deep-seated fears of failure
Indicate whether the statement is true or false
F
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Use the information below for Shorter Inc for 2015 and 2016 to answer the following question. Equipment, December 31, 2015 $65,000 Equipment, December 31, 2016 72,000 Accumulated depreciation, December 31, 2015 39,000 Accumulated depreciation, December 31, 2016 30,000 During 2016, Shorter Inc sold equipment with a cost of $30,000 and accumulated depreciation of $25,000 . A gain of $3,000 was
recognized on the sale of the equipment This was the only equipment sale during the year. Assume that all purchases of equipment were paid with cash. How much cash was paid by Shorter for the purchase of equipment during 2016? a. $ 7,000 b. $30,000 c. $37,000 d. $72,000
Cost of goods sold is an expense, and is reported on the income statement.
Answer the following statement true (T) or false (F)
Which challenge/opportunity looks at environmental factors during decision making and goal setting?
a. Globalization b. Workforce diversity c. Sustainability d. Economic factors
A college uses advisors who work with all students in all divisions of the college. The most useful allocation basis for the salaries of these employees would likely be:
A. number of students advised from each division. B. number of classes offered in each division. C. relative salaries of division heads. D. student graduation rate. E. square footage of each division.