The original cost of a motor home was $60,000 with an estimated life of 8 years. What is the annual double-declining-balance rate?

a. 25%

b. 14%

c. 12.5%

d. 7.5%


a

Business

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Directors and officers are not prohibited from entering into transactions with the corporation.

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

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Are tickets and ticket stubs considered contracts? Should they be?

What will be an ideal response?

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All of the following decisions fall within the scope of operations management EXCEPT for:

A) creating the company income statement. B) design of goods and services. C) location strategy. D) managing quality. E) human resources and job design.

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Felix lost his job at an investment firm because of downsizing during a period of recession. To keep himself financially stable, he opened a food truck that became a huge success. Which of the following advantages of entrepreneurship initially motivated Felix to start the food truck?

A. Survival B. Independence C. Flexibility D. Challenge

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