On January 1 . 2011, Caravanos Company purchased for $320,000 a machine with a useful life of ten years and no salvage value. The machine was depreciated by the double-declining-balance method, and the carrying amount of the machine was $204,800 on December 31 . 2012 . Caravanos changed to the straight-line method on January 1 . 2013 . Caravanos can justify the change. What should be the
depreciation expense on this machine for the year ended December 31 . 2014?
a. $20,480
b. 25,600
c. 32,000
d. 52,480
B
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Mindy manages 300 employees at a Walmart Supercenter. Each day, she leads the employees in the Walmart cheer, creates excitement, and "goes the extra mile" with her employees and customers. Shopping in her store is always an enjoyable experience with enthusiastic sales help, contests, and demonstrations. Mindy is a ________ leader.
A. democratic B. transformational C. chaotic D. autocratic E. persuasive
Caileen has a pattern of coming in late on Mondays. Each time this has happened, Caileen’s manager has gotten angrier and angrier. Finally, the manager has had enough and wants to dock Caileen’s pay for being tardy on so many Mondays. However, there is no evidence that Caileen has ever been told that coming in late on Mondays is a problem. The discipline of Caileen appears to violate which test of Just Cause?
A. Upon investigation, was there substantial evidence or proof that the employee was guilty as charged? B. Was the degree of discipline administered by the company in a particular case reasonably related to the seriousness of the employee’s proven offense and the record of the employee’s service with the company? C. Did the company give the employee forewarning or foreknowledge of the possible or probable disciplinary consequences of the employee’s conduct? D. Has the company applied its rules, orders, and penalties evenhandedly and without discrimination to all employees?
Clearwater Hampers is a small British company that sells luxury food and drink in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where present-buying is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business. Clearwater has had several orders for more than a quarter of a million dollars. According to the company's leading salesperson, Peter Austin, "We have lots of repeat corporate customers as a result of the importance we place on getting the hampers out on time and filled with the right products."Austin should use visual aids, dramatics, and demonstrations in his sales presentation to prospective customers to do all of the following EXCEPT to:
A. increase his persuasive powers. B. capture the prospect's attention. C. create two-way communication. D. clarify the services his firm provides. E. create cognitive dissonance.
Which of the following should not be considered cash by an accountant?
A) money orders B) bank checking accounts C) postage stamps D) travelers' checks