[The Following Information Applies to the Questions Displayed Below

question 94

Multiple Choice

[The following information applies to the questions displayed below.]
On April 2,2017,Victor,Inc.acquired a new piece of filtering equipment.The cost of the equipment was $160,000 with a residual value of $20,000 at the end of its estimated useful lifetime of 4 years.
-Assume that in its financial statements,Victor uses straight-line depreciation and rounds depreciation for fractional years to the nearest whole month.Depreciation recognized on this equipment in 2017 and 2018 will be:

• A)$23,333 in 2017 and $35,000 in 2018.
• B)$40,000 in 2017 and $30,000 in 2018.
• C)$20,000 in 2017 and $35,000 in 2018.
• D)$26,250 in 2017 and $35,000 in 2018.

Explore the influence of sociocultural factors on self-actualization and human potential.

Understand the central concepts of Carl Rogers' humanistic personality theory.

Recognize the influence of family environment and personal experiences on behavior and personality development according to Rogers.

Identify the methods and approaches Rogers deemed valid for understanding and studying personality.

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Definitions:

Economic Environment

The combination of economic factors that impact the operation and performance of businesses, including inflation, employment rates, economic policy, and market demand.

Competitive Environment

The dynamic external system in which businesses compete against each other for market share and profitability.

Legal/Regulatory Environment

The framework of laws, regulations, and guidelines in which a business operates.

Sociocultural Environment

The environment that encompasses social and cultural factors which influence the behavior, beliefs, and practices of individuals within a society.