What services do telecommunications offer?
A. Telephone and cellular services
B. Cable and satellite services
C. Internet services
D. All of these
D. All of these
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Claxton Company purchased a van on January 1, 2018, for $820,000. Estimated life of the van was five years, and its estimated residual value was $103,000. Claxton uses the straight-line method of depreciation. At the beginning of 2020, the company revised the total estimated life of the asset from five years to four years. The estimated residual value remained the same as estimated earlier. Calculate the depreciation expense for 2020.
A) $266,600 B) $215,100 C) $107,550 D) $133,300
Scuba Adventures Inc and Tours of the Sea Company decide to consolidate. This corporate combination does not require the approval of A) Scuba and Tours directors
B) Scuba and Tours officers. C) Scuba shareholders. D) Tours shareholders.
Though sales promotion is considered less effective than other advertising methods, it is very affordable.
Answer the following statement true (T) or false (F)
Agency relationships used to be common in decades past, but in recent years they have fallen out of favor
a. True b. False Indicate whether the statement is true or false