A Gantt chart is:
a. a useful tool for depicting a schedule graphically.
b. a chart that enables the project manager to know what activities should be performed at a given time.
c. a chart that can be used to monitor daily progress of a project so that corrective action can be taken when necessary.
d. All of the above
D
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Lavender Company purchased a machine on January 1, 2016, for $80,000. The machine has an estimated useful life of 5 years with a salvage value of $10,000. It is being depreciated using the straight-line method. On January 1, 2018, Lavender reevaluated the machine's useful life and now believes it will continue for another 5 years (for a total of 7 years) and have no salvage value at the end of
its useful life. What is the amount of depreciation expense related to this machine for the year ended December 31, 2018? A) $14,000 B) $10,400 C) $8,400 D) $7,430
Which of the following is a reason why marketers see appeal in using mobile devices as a communication tool?
A) Users frequently share the devices. B) Marketers can personalize messages. C) Users turn them on only when they want to engage with brands. D) They do not distract consumers by offering a payment system. E) They are used only in limited locations.
In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income$60,000?Accounts payable decreased by 22,000?Accounts receivable increased by 29,000?Inventories increased by 9000?Depreciation expense 38,000?Net cash provided by operating activities was:
A. $100,000. B. $64,000. C. $60,000. D. $38,000. E. $82,000.
A product's life cycle is divided into four stages, which are:
A) introduction, growth, saturation, and maturity. B) introduction, growth, stability, and decline. C) introduction, maturity, saturation, and decline. D) introduction, growth, maturity, and decline. E) incubation, growth, maturity, and decline.