When deciding between mutually exclusive investments, a manager should choose the option with the lowest depreciation.
Answer the following statement true (T) or false (F)
False
When deciding between mutually exclusive investments, a manager should choose the option with the lowest cost on a net present value basis (not necessarily the lowest depreciation).
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Equipment was purchased for $24,000 on January 1, 2018. The equipment's estimated useful life was five years, and its residual value was $4,000. The straight-line method of depreciation was used. Calculate the gain or loss on sale if the equipment is sold for $18,000 on December 31, 2018, the end of the accounting period. Prepare the journal entry to record the sale of equipment. Omit explanation.
What will be an ideal response?
Brunsson (1998) identifies two main benefits of non-learning organizations; one of those is ______________, which refers to the idea that non-learning organizations are more able to deal with uncertainty than learning ones because they are not constantly realigning themselves to the ever-changing objectives which come with learning.
a. Organizational discretion b. Tolerance of contradiction c. Paradox of learning d. Non-learning
In the calculation of the Annual Percentage Rate on a home mortgage
A) only the contract rate is considered. B) only points are considered. C) only closing costs are considered. D) all finance charges are considered.
Common law refers to
a. law that is the same or similar in all the states. b. law made when judges decide cases and then follow those decisions in later cases. c. law made by legislatures in the form of statutes. d. the legal systems of France, Germany, and Italy.