The units-of-production method of depreciation charges a varying amount of expense for each period of an asset's useful life depending on its usage.

Answer the following statement true (T) or false (F)


True

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A feasible solution to an integer programming problem is ensured by rounding down non-integer solution values

Indicate whether this statement is true or false.

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In cases of affirmative action, the courts have held that discrimination in favor of persons of certain religions may be legal

a. True b. False Indicate whether the statement is true or false

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Explain the advantages of digital signage to advertisers, transit authority, and customers.

What will be an ideal response?

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Mahoe Corporation has provided the following financial data:Balance SheetDecember 31, Year 2 and Year 1AssetsYear 2Year 1Current assets:        Cash$105,000 $190,000   Accounts receivable, net 255,000  220,000   Inventory 206,000  200,000   Prepaid expenses 44,000  50,000 Total current assets 610,000  660,000 Plant and equipment, net 1,065,000  970,000 Total assets$ 1,675,000 $ 1,630,000        Liabilities and Stockholders' Equity      Current liabilities:        Accounts payable$119,000 $110,000   Accrued liabilities 88,000  80,000   Notes payable, short term 53,000  50,000 Total current liabilities 260,000  240,000 Bonds payable 110,000  110,000 Total liabilities 370,000  350,000 Stockholders'

equity:        Common stock, $5 par value 250,000  250,000   Additional paid-in capital 70,000  70,000   Retained earnings 985,000  960,000 Total stockholders' equity 1,305,000  1,280,000 Total liabilities & stockholders' equity$ 1,675,000 $ 1,630,000 Income StatementFor the Year Ended December 31, Year 2Sales (all on account)$1,330,000 Cost of goods sold 890,000 Gross margin 440,000 Operating expenses 393,571 Net operating income 46,429 Interest expense 10,000 Net income before taxes 36,429 Income taxes (30%) 10,929 Net income$  25,500 Dividends on common stock during Year 2 totaled $500. The market price of common stock at the end of Year 2 was $8.06 per share.The company's equity multiplier at the end of Year 2 is closest to: A. 1.28 B. 0.78 C. 3.53 D. 0.28

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