Nate tells Opal, "I might sell the skis that I bought last fall since I haven't used them and the skiing season is almost over." This is
A. an acceptance of an offer.
B. an invitation to accept an offer.
C. an offer.
D. a statement of future intent.
Answer: D
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Devon Manufacturing Company purchased a new canning machine on July 1, 2015, for $190,000. The estimated salvage value is $15,000. The company uses units-of-production depreciation and estimates the machine will produce 125,000 units during its useful life. In 2015, the company manufactured 5,000 units after acquiring the machine. Depreciation expense for 2015 will be
A) $7,600 B) $6,500 C) $7,000 D) $14,000
Which statement is correct?
a. compiled programs are very susceptible to unauthorized modification b. the source program library stores application programs in source code form c. modifications are made to programs in machine code language d. the source program library management system increases operating efficiency
President Kennedy’s vision of putting a man on the moon and successfully bringing him back was ______.
a. a BHAG b. ridiculous at the time c. a mission statement for NASA d. a vision that many Americans doubted
Which of the following items are not included in gross income for the calculation of your federal income taxes?
A) Wages and salaries B) Dividends C) Awards D) Municipal bond interest E) All of the above items are included in gross income.