Identify the management issues included in this problem and what effect they have on business operations.

This problem shows how to determine the cost of ______.

a. A Current Asset, b. A Current Liability, c. A Property, Plant, and Equipment Asset.

It also demonstrates the computation of depreciation for ___.

a. Current Assets

b. A Property, Plant, and Equipment Asset.

Because virtually all businesses use ____.

a. Current Assets

b. A Property, Plant, and Equipment Asset.

A manager needs to understand how those assets calls and depreciation amount or determined depreciation affects ___.

a. Cash

b. cost

c. expenses

d. net income

e: revenue

Managers needs to understand the meaning, component, and compution of____.

a. Cash

b. cost

c. expenses

d. net income

e: revenue

because often their performance is measured by how much ____ the business earns.

a. Cash

b. net income

c. revenue