A vehicle had an estimated useful life of 8 years. The vehicle cost $23,000 and its estimated salvage value is $1,500. The depreciation expense (using straight line method) for a year is:

Which of the following is the final stop in the distribution channel in which organizations sell goods and services to consumers for their personal use?

A) franchising B) retailing C) brokering D) wholesaling E) disintermediation

Which of the following best describes Vizio's sourcing strategy?

A) few suppliers B) keiretsu C) joint venture D) vertical integration E) virtual company