Energy consumption by fuel type reveals that fuel use has been dominated since 2010 by:
A. solar and wind power.
B. nonrenewable energy sources.
C. renewable energy sources.
D. nuclear energy and coal.
Answer: B
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Smith, Inc. stock currently sells for $75 per share. The firm has total assets of $1,000,000 and total liabilities, including preferred stock, of $350,000. If the firm has 10,000 shares of common stock outstanding,
(a) what is the book value of each share of common stock? (b) is the stock overvalued or undervalued in the marketplace? (c) what is the reason(s) for your answer in (b)?
Tasha LLC purchased furniture (seven-year property) on April 20 for $20,000 and used the half-year convention to depreciate it. Tasha did not take §179 or bonus depreciation in the year it acquired the furniture. During the current year, which is the fourth year Tasha LLC owned the property, the property was disposed of on December 15. Calculate the maximum depreciation expense. (Use MACRS Table 2 and Exhibit 10-6.) (Round final answer to the nearest whole number.)
A. $2,095. B. $898. C. $1,249. D. $2,498. E. None of the choices are correct.
The most common public key encryption method is:
A) RSA B) DES C) AES D) SSL