Net value of property and equipment is calculated as:

A) total property and equipment minus long-term debt minus depreciation and amortization.
B) total property and equipment minus selling, general and administrative expenses minus depreciation and amortization.
C) total property and equipment minus depreciation and amortization.
D) None of the above.


C

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Using the standard costs of $5 per pound for a 10 pound bag of chocolate and the following actual cost and usage data, compute the direct materials variance. Direct materials purchased and used 99,000 pounds Price paid for direct materials $4.00 per pound Number of good units produced 9,000 units

a. $45,000 (F) b. $45,000 (U) c. $54,000 (F) d. $99,000 (F)

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Explain Immanuel Kant's view on the ethical principles of human rights.

What will be an ideal response?

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Which one of the following measurement bases applies to investments that are classified as held-to-maturity?

a. Current value b. Book value c. Effective rate of interest method d. Lower-of-cost or market

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Gwen is leading a meeting and wants to make sure that they stick to the agenda and end on time. What should she do to move the meeting along?

A) Say as much as possible during the meeting. B) Move divergent topics to a separate list to be discussed later. C) Not worry so much about time; the most important thing is to make sure that all agenda items are discussed fully. D) Ask anyone who monopolizes the conversation to leave.

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