The procedure for formal rulemaking provides for ________
A) an agency notice of proposed rulemaking to the public in the Federal Register
B) an opportunity for all interested parties to submit written comments to the agency
C) a hearing at which experts give their opinions on a rule proposed by the agency
D) the appointment of counsel for persons unable to afford representation at the formal hearing
A
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Equipment was purchased for $60,000. Freight charges amounted to $2,800 and there was a cost of $8,000 for building a foundation and installing the equipment. It is estimated that the equipment will have a $12,000 salvage value at the end of its 5-year useful life. Depreciation expense each year using the straight-line method will be
a. $14,160. b. $11,760. c. $9,840. d. $9,600.
A firm can determine information about inventory movement, sales by different personnel, and sales volume through an analysis of _____
a. store observation reports b. customer billings c. inventory records d. written reports