Use the following data: Asset cost $80,000 Expected life 3 years Estimated salvage value $7,000 Using the declining-balance method, the amount of depreciation for the first year would be
a. $26,666.67.
b. $24,333.33.
c. $53,333.33.
d. $48,666.67.
c
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Which of the following statements is true for the Consumer Product Safety Act (CPSA) of 1972?
A. Its authority covers products such as motor vehicles and equipment, firearms, aircraft, boats, drugs, cosmetics, and food products. B. It established the Consumer Product Safety Commission (CPSC), an independent regulatory agency which is the main federal agency concerned with product safety. C. It cannot be used by the CPSC to bring suit in federal district court to eliminate the dangers presented by imminently hazardous consumer products. D. It can regulate consumer products but does not have the power to ban any products.
Global Outlets Inc. expects profits to grow in line with revenues. Which of the following statements about efficiency and leverage would then be consistent with no change in ROE as a result of the growth in profitability?
A) No change in asset efficiency and an increase in leverage. B) No change in asset efficiency and no change in leverage. C) An increase in asset efficiency and no change in leverage. D) An increase in asset efficiency and an increase in leverage.
Under the NLRA, an employer can legally refuse to bargain with the union as a means of applying economic pressure
Indicate whether the statement is true or false
Foreign _____ involves a firm buying the rights to produce, promote, and use the domestic firm's trademark/patents in a defined geographical area as long as there is an agreement on specific operating procedures
a. strategic contracting b. licensing c. exporting d. outsourcing