An asset is considered to be obsolete ________
A) only when it wears out
B) only at the end of its useful life
C) when it is fully depreciated
D) when a newer asset can perform the job more efficiently than the old asset can
D
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The main disadvantage of futures contracts as compared to options on futures contracts is that futures
A) remove the possibility of gains. B) increase the transactions cost. C) are not as effective a hedge. D) do not remove the possibility of losses.
A recent survey of Fortune 500 firms found that on average, they contribute $332.54 per month for each salaried employee's health insurance
If you are told that almost all salaried employees at Fortune 500 firms receive a health insurance contribution between $220.61 and $444.47, and assuming a bell-shaped distribution, what must the standard deviation for this data be?A) $37.31 B) $46.65 C) $55.98 D) $74.64