Use the following data: Asset cost $120,000 Expected life 4 years Estimated salvage value $12,000 Using the sum-of-the-years-digit method, the amount of depreciation for the third year would be

a. $28,000.
b. $21,600.
c. $30,000.
d. $48,600.

b

Business

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__________ - rights to buy stock at a stated price by a specified date that are given by the company. Usually when preemptive rights exist and a corporation is issuing additional shares, it gives its shareholders stock warrants.

Fill in the blank(s) with the appropriate word(s).

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By using ________ to contact potential customers, marketers sell directly to consumers

A) undercover marketing B) outbound telephone marketing C) affinity marketing D) multi-level marketing E) ambush marketing

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