Traditional record labels are now able to control the online distribution piracy problems that had plagued the music industry in the past

Indicate whether the statement is true or false

FALSE

Business

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A firm is considering purchasing an asset that will have a useful life of 10 years and cost $5 million; it will have installation costs of $500,000 and a salvage or residual value of $500,000. What is the annual straight-line depreciation for this asset?

A) $400,000 per year B) $500,000 per year C) $600,000 per year D) $700,000 per year

Business

The actual cost of the ERP software itself should be around ________ of the overall cost

A) 15% B) 25% C) 35% D) 45%

Business