A company is considering purchasing a piece of equipment that costs $5 million. The company will further incur a cost of $50,000 to deliver and install the equipment. If the equipment has a 10 year useful life and the company uses straight-line depreciation, then what is the yearly depreciation expense?

Louisa is a real estate salesperson. When she sells a house, she earns a sales __________ equal to 6% of the sales price of the house.

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

Standardization can reduce costs by:

A) reducing inventories. B) increasing lot sizes. C) allowing the use of general purpose equipment. D) all of the above E) A and B only