Autumn Resorts purchased guest room furniture on January 1, 2014 for $120,000 . The furniture has an estimated useful life of ten years. What amount will appear on Autumn's income statement for depreciation expense for the year ending June 30, 2015?
a. $1,000
b. $6,000
c. $10,000
d. $12,000
d
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The growing demand for businesses to operate in a socially responsible manner means that ______.
a. focusing solely on costs and time efficiency is sufficient to meet sustainability goals b. business strategies should also incorporate responsible labor practices c. operations should maximize the use of the world’s resources before they are used up by others d. governments should reduce emphasis on free trade
Any point source emitting pollutants into water must have a permit
a. True b. False Indicate whether the statement is true or false
In CPM, crashing an activity that is not on the critical path increases the cost of the project
Indicate whether the statement is true or false
What is the VaR of a $10 million portfolio with normally distributed returns at the 5% VaR? Assume the expected return is 13% and the standard deviation is 20%.
A. 13% B. -13% C. 19.90% D. -19.90