Thomas Enterprises purchased a depreciable asset on January 1, 2008 at a cost of $100,000. The asset is expected to have a salvage value of $15,000 at the end of its five-year useful life. Balance of accumulated depreciation of this asset at the end of 2009 is

You and (we, us) will visit the state capitol

What will be an ideal response?

If computing a causal linear regression model of Y = a + bX and the resultant r2 is very near zero, then one would be able to conclude that

A) Y = a + bX is a good forecasting method. B) Y = a + bX is not a good forecasting method. C) a multiple linear regression model is a good forecasting method for the data. D) a multiple linear regression model is not a good forecasting method for the data. E) None of the above