A local area network operates ________
A) on a customer premises
B) between customer premises
C) both A and B
D) neither A nor B
A
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Churchill Company planned to raise $100,000 by issuing bonds. The bond certificates were printed bearing an interest rate of 8%, which was equal to the market rate of interest. However, before the bonds could be issued, economic conditions forced the market rate up to 9%. If the life of the bonds is 6 years and interest is paid annually on December 31, how much will Churchill receive from the
sale of the bonds? a. Exactly $100,000 because Churchill Company would still pay interest at the face rate of 8%. b. Less than $100,000 because the market rate of interest at 9% was more than the face rate. c. Greater than $100,000 because the face rate of interest at 8% was less than the market rate. d. The bonds would not be sold at all; Churchill Company would have the certificates reprinted bearing the market rate of 9%.
Wizard Toy Company's marketing researcher conducted a survey to find out the percentage of customers who, after receiving a promotional mailing about a new toy, actually went out and purchased the product. This is an example of
A. personal interviews. B. quantitative research. C. an experimental method. D. cross-tabulation. E. a response rate.
________ skills refer to the seller's understanding and proficiency in the performance of specific tasks.
A. Technical B. Automated C. E-selling D. Nonhuman E. Conceptual
Badger Corporation purchased a machine for $132,000 on January 1 . 2011, and depreciated it by the straight-line method using an estimated useful life of eight years with no salvage value. On January 1 . 2014, Badger determined that the machine had a useful life of six years from the date of acquisition and will have a salvage value of $12,000 . A change in estimate was made in 2014 to reflect
these additional data. What amount should Badger record as the balance of the accumulated depreciation account for this machine at December 31 . 2014? a. $73,000 b. $77,000 c. $61,250 d. $63,600