Ryan Co Purchased a Computer for $15 000

question 8

Multiple Choice

Ryan Co purchased a computer for $15 000. Originally it had an estimated useful life of 4 years and a residual value of $3000, but on the first day of the 4th year of life the estimated useful life was extended by a further two years and the residual value was reduced to zero. Ryan Co uses the straight-line method to depreciate its computer equipment. At the end of year 4, how much depreciation should be recorded for the computer?

• A) $4000
• B) $3000
• C) $2000
• D) $5000

Understand the concept of anchor stores and their role in shopping centers.

Distinguish between the different marketing metrics related to retailer's customers and products.

Learn about category management and its importance in retail.

Recognize the importance and methods of shopper marketing in retail.

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Definitions:

Omnichannel Price Differences

Variations in pricing for the same product across different channels, such as online, in-store, or through mobile platforms, as part of a retail strategy.

Centralized

Pertaining to the concentration of control and decision-making authority in a single central location or organization.

Channels

Represents the pathways through which goods and services are distributed from producers to consumers, including physical locations and digital platforms.

Internet-based Beauty

The sector of the beauty industry that operates online, including sales, marketing, and engagement strategies focused on digital platforms.