Lomax Enterprises purchased a depreciable asset for $20,000 on January 1, 2008. The asset will be depreciated using the straight-line method over its four-year useful life. Assuming the asset's salvage value is $2,000, what will be the amount of accumulated depreciation on this asset on June 30, 2011?

The major outcome of a business agreement based on reciprocity is a mutual exchange of benefits

Indicate whether the statement is true or false

There is ________ in global marketing, the possibility of a country's political structure and policies negatively impacting a foreign company transacting business inside its borders

A) Political risk B) Radical risk C) Partisan risk D) Dogmatic risk E) Administrative risk