Dixon company purchased a depreciable asset for $32,000. the estimated salvage value is $4,000, and the estimated useful life is 4 years. the double-declining balance method will be used for depreciation. what is the depreciation expense for the second year on this asset? a. $16,000b. $7,000c. $6,400d. $8,000

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Which of the following would not generally be a motive for a firm to hold inventories? a. to decouple or separate parts of the production process b. to provide a stock of goods that will provide a selection for customers c. to take advantage of quantity discounts d. to minimize holding costs e. all of the above are functions of inventory.

Modern firms increasingly rely on other firms to supply goods and services instead of doing these tasks themselves. this increased level of is leading to increased emphasis on management.