A truck that cost $12,000 and on which $9,000 of accumulated depreciation has been recorded was disposed of on January 1 . If the truck was discarded as having no value, the entry to record this event is:
a. Truck 12,000
Accumulated Depreciation— Truck 12,000
b. Truck 9,000
Accumulated Depreciation— Truck 9,000
c. Accumulated Depreciation— Truck 12,000
Truck 9,000
Gain on Sale of Equipment 3,000
d. Accumulated Depreciation— Truck 9,000
Loss on Sale of Truck 3,000
Truck 12,000
D
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An American Airlines flight from Dallas to Houston was nearly full, and the tickets were more expensive than the almost-empty American Airlines flight from Chicago to Phoenix. This is an example of what kind of service pricing?
A. Bundled B. Demand-based C. Supply-based D. Cost-based E. Customer-based
Which of the following is the best example of the proximity rule that, for service firms, proximity to market is the most important location factor?
A) Soft drinks are bottled in many local plants, where carbonated water is added to proprietary syrups that may have been shipped long distances. B) Few people will travel out of state for a routine haircut. C) Patients will travel very long distances to have their hernia surgeries performed at Shouldice Hospital. D) Furniture makers choose to locate near the source of good hardwoods, even though it means locating near other furniture manufacturers. E) Metal refiners (smelters) locate near mines to accomplish significant weight reduction near the metal's source.
Organizations can make full use of their capacity to reduce their costs during ______.
a. the introduction stage of the product life cycle b. the growth stage of the product life cycle c. the maturity stage of the product life cycle d. the decline stage of the product life cycle
According to the expectations hypothesis, if investors anticipate higher rates of inflation in the future, the yield curve will be downsloping
Indicate whether the statement is true or false.