A small restaurant hires an advertising firm to handle promotions and advertising. This is an example of ________

Marlow Company purchased a point of sale system on January 1 for $3,400. This system has a useful life of 10 years and a salvage value of $400. What would be the depreciation expense for the first year of its useful life using the straight-line method?

A. $680 B. $2,320 C. $2,720 D. $300

Which of the following statements is true of the accord that will be supervised by the World Trade Organization (WTO)?

A) It promotes the practice of requiring high local content of materials for manufactured products, such as cars. B) It addresses a "social dimension" through the establishment of uniform labor and Social Security regulations. C) It does not allow any internal tariffs among the member states. D) It prohibits member countries from placing limits on the quantity of imports.