Do many companies like it when you look like a fool? A. No. All companies just want to help us.
B. Definitely! The job of many companies is to make money, not to do what is right for you... If you look like a fool, they make more money.
C. No. The government protects you against companies when they try to make you look like a fool.
D. Yes. All companies try to make you look like a fool.

The dollar value generated over decades of customer loyalty to your company is known as brand equity. viability. sustainability. luck.

University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.

Acompany has $80,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. experience suggests that 6% of outstanding receivables are uncollectible. the current credit balance (before adjustments) in the allowance for doubtful accounts is $1,200. the journal entry to record the adjustment to the allowance account includes a debit to bad debts expense for $4,800. true or false