Which approach is best to use to obtain perception data, the direct approach or the derived approach?
What will be an ideal response?
The direct approaches are more frequently used than the attribute-based approaches. However, it may be best to use both these approaches in a complementary way. Direct similarity judgments may be used for obtaining the spatial map, and attribute ratings may be used as an aid to interpreting the dimensions of the perceptual map.
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Fill in the blank(s) with correct word
When using management by exception, managers investigate only those variances that are unfavorable
Indicate whether the statement is true or false
Bill Sharpe, owner of Sharper Knives Inc, is closing his business at the end of the current fiscal year. His sole asset, the knife-sharpening machine, is three years old. A depreciation table for the asset is shown below
Bill has agreed to sell the machine at the end of the year for $100,000. What is the impact on taxes from the sale of the machine? (Assume that Sharper Knives claimed a regular depreciation expense in the calculation of income taxes.) The tax rate is 35%. Round your answers to the nearest dollar. Depreciation Table for Knife Sharpener Year Basis Rate Depreciation Expense Accumulated Depreciation 1 $250,000 14.29% $35,725 $35,725 2 $250,000 24.49% $61,225 $96,950 3 $250,000 17.49% $43,725 $140,675 4 $250,000 12.49% $31,225 $171,900 5 $250,000 8.93% $22,325 $194,225 A) $3,264 tax refund from IRS B) $3,264 additional taxes owing to IRS C) $14,236 tax refund from IRS D) $14,236 additional taxes owing to IRS E) $38,264 tax refund from IRS
How are spot rates related to forward rates?
What will be an ideal response?