By stressing the "you attitude," the writer's focus is on the writer
Indicate whether the statement is true or false
False
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When giving a computer presentation:
a. use a pointer with each bullet b. use a pointer when each slide first comes up c. use a pointer sparingly d. none of the above
The lower the reach and frequency, the higher the cost of an advertising campaign will be.
Answer the following statement true (T) or false (F)
The statement of changes in stockholders' equity:
A. Describes changes in paid-in capital and retained earnings subcategories. B. Is reported by very few companies. C. Shows only the ending balances in stockholders' equity. D. Is part of the statement of retained earnings. E. Does not include changes in treasury stock.
Exhibit 11-05Wilson is preparing his tax returns using the MACRS convention. The following information relates to the purchase of an asset on January 1, Year 1.
MACRS Depreciation as a Percentage of the Cost of the AssetYear of Life3 5 7 10 1 33.33% 20.00% 14.29% 10.00% 2 44.45% 32.00% 24.29% 18.00% 3 14.81% 19.20% 17.49% 14.40% 4 7.41% 11.52% 12.49% 11.52% 5 11.52% 8.93% 9.22% 6 5.76% 8.92% 7.37% 7 8.93% 6.55% 8 4.46% 6.55% 9 6.56% 10 6.55% 11 3.28% ? Cost$ 105,000 Estimated Economic Life7 Estimated residual value$ 15,000 Depreciation for Financial Statementsstraight-line MACRS life5 MACRS Method200%-declining-balance ? ? Refer to Exhibit 11-05, what amount of depreciation would be recorded on the income tax returns for year 5? A. $6,048 B. $15,000 C. $12,096 D. $0