Experience, preparedness, and critical thinking are essential skills for a marketer's MPR efforts
Indicate whether the statement is true or false
TRUE
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Royal Company purchased a dump truck at the beginning of 2014 at a cost of $60,000 . The truck had an estimated life of 6 years and an estimated residual value of $24,000 . On January 1, 2016, the company made major repairs of $20,000 to the truck that extended the life 1 year. Thus, starting with 2016, the truck has a remaining life of 5 years and a new salvage value of $8,000 . Royal uses the
straight-line depreciation method. What is the book value of the truck to be reported on the balance sheet at December 31, 2016? a. $44,000 b. $50,000 c. $56,000 d. $62,000
Baby boomers are consumers who have been "wired" almost from birth — playing computer games, navigating the Web, downloading music, connecting with friends via instant messaging and mobile phones
Indicate whether the statement is true or false
When expressing thanks after an interview, what is the most effective medium to use?
A) Text message B) Phone call C) Word processed notes D) Email notes E) Handwritten notes
Why might a retailer increase the number of private-label brands it sells?
What will be an ideal response?