Nietzsche Company purchased a machine on January 1, 2015 for $350,000. the machine has an estimated useful life of five years and a salvage value of $50,000. The machine is being depreciated using the double-declining balance method. The book value at December 31, 2016 (after depreciation expense for the year has been recorded) is:

What are the four steps involved in making capacity decisions?

What will be an ideal response?

A manager has the task of collecting and analyzing data that will help the firm decide where to locate its international operations. Which of the following best describes how the manager should handle this task?

A) conduct extensive research, regardless of the expense, in order to avoid costly mistakes B) compare the costs of data collection with the probable payoff for the firm in order to budget and schedule the collection C) continue data gathering until all data have been collected, regardless of how long this takes D) focus all data collection on governmental resources because they have the highest reliability