A building was purchased for $230,000 . It currently has accumulated depreciation of $40,000 and had a residual value of $50,000 . Assuming the use of straight-line depreciation, its estimated useful life must have been

a. 5 years.
b. 10 years.
c. 14 years.
d. impossible to determine from the facts given.

D

Business

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Managers need to form groups that are small to medium size to promote cohesiveness. When the group is too large and cohesiveness is low, the manager should try to ______.

-ask a selected part of the group to remain silent and merely observe any group activities -add new members with diverse backgrounds to provide a wider variety of perspectives -leave the group as is and focus more on team-building activities -divide the group into two and assign different tasks and goals to each of the newly formed groups

Business

The Securities and Exchange Commission (SEC), using its congressional mandate under the 1933 and 1934 Securities Acts, has prescribed rules governing the issuance of, and trading in, securities by businesses as well as by brokers and underwriters

This is an example of the SEC's ________ power. A) legislative B) judicial C) veto D) executive

Business