Studies show that _____ is not the most common reason for outsourcing.
Fill in the blank(s) with the appropriate word(s).
saving money
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Use the information below for Flora Inc for 2016 and 2017 to answer the following question. Equipment, December 31, 2016 $65,000 Equipment, December 31, 2017 72,000 Accumulated depreciation, December 31, 2016 39,000 Accumulated depreciation, December 31, 2017 30,000 During 2017, Flora Inc sold equipment with a cost of $30,000 and accumulated depreciation of $25,000 . A gain of $3,000 was
recognized on the sale of the equipment This was the only equipment sale during the year. What was depreciation expense for 2017? a. $9,000 b. $16,000 c. $21,000 d. $30,000
Which technique to diagnose problems reflects the principle that 20 percent of the defects or failures that occur cause 80 percent of the problems?
A. Cause and effect analysis B. Pareto analysis C. Brainstorming D. Kepner-Tregoe problem analysis
Bonds or notes payable that mature within the next year are reported in what part of the financial statements?
a. Other Expense section of the income statement b. Other Income section of the income statement c. Current Liabilities section of the balance sheet d. Long-Term Liabilities section of the balance sheet
In which section of the balance sheet would Treasury Stock be reported?
A) Fixed assets B) Long-term liabilities C) Stockholders' equity D) Intangible assets