A taxpayer generally includes in gross income the amount of debt forgiven by a lender.
Answer the following statement true (T) or false (F)
True
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Having at least three observed variables for each latent construct is a way to help make sure
that the model is identified. Indicate whether the statement is true or false
Describe how to best approach your colleague to get him to listen to your request
What will be an ideal response?
______ are used to rank suppliers and track their performance over time.
A. Supplier information cards B. Performance guidelines C. Supplier scorecards D. Performance metrics
A firm purchased an office machine for $18,400, estimated that it will use the machine for 15 years, and estimated a salvage value of $400 . On December 31 of the sixth year, before closing the books for the year, the firm analyzed its estimates of useful life and salvage value. In light of new information, the firm estimated that the machine will have a total useful life of only 10 years, and
the salvage estimate of $400 remains reasonable. The new estimate of the remaining life is five years (the year just ended plus the next four). The depreciation entry on December 31 of the sixth year and each year thereafter is: a. Depreciation Expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,200 Accumulated Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1,200 b. Depreciation Expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,400 Accumulated Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2,400 c. Accumulated Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . .1,200 Depreciation Expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,200 d. Accumulated Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . .2,400 Depreciation Expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,400 e. none of the above