Which of the following is the most effective way for a company to ship perishable goods over long distances, if its key requirement is speed?
A) pipelines
B) air transport
C) trucks
D) water transport
E) trainships
B
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Norwood, Inc purchased a crane at a cost of $80,000 . The crane has an estimated residual value of $5,000 and an estimated life of 8 years, or 12,500 hours of operation. The crane was purchased on January 1, 2016 and was used 2,700 hours in 2016 and 2,600 hours in 2017. Refer to the information about Norwood, Inc If Norwood uses the double-declining-balance depreciation method, what amount is the
depreciation expense for 2017? a. $14,063 b. $15,000 c. $18,750 d. $20,000
Audit objectives for communications controls include all of the following except
a. detection and correction of message loss due to equipment failure b. prevention and detection of illegal access to communication channels c. procedures that render intercepted messages useless d. all of the above
Which of the following is not a discounted cash flow model for valuation?
a. Free cash flow b. Dividend discount model c. Discounted cash flow d. Discounted abnormal earnings e. All of the answers are discounted cash flow models.
An adjusting entry includes at least one balance sheet account and at least one income statement account
Indicate whether the statement is true or false