Depreciation expense is calculated using its cost, estimates of an asset's salvage value, and an estimated useful life.

Answer the following statement true (T) or false (F)


True

Business

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A company's interest expense is $15,000. Its income before interest expense and income taxes is $86,250. Its net income is $31,900. The company's times interest earned ratio equals:

A. 0.37. B. 0.47. C. 5.75. D. 2.70. E. 0.174.

Business

What prevents the market system from achieving a clean environment on its own?

A) Externalities. B) Inefficiently managed business. C) Remainders. D) SIPs.

Business

To assist ________ decision making, information systems are used to obtain aggregate summaries of trends and projections of the future

A) managerial-level B) functional-level C) tactical-level D) operational-level E) executive-level

Business

Which of the following statements is true of learning management systems (LMS)?

Group of answer choices It helps improve customer relations. It helps guide and direct motivated behavior. It leads to increased employee engagement. An LMS helps companies understand the strengths and weaknesses of their employees, including where talent gaps exist.

Business