Reference no: EM132185166
1. In a tenancy for years, property is leased for a specified period of time, which could be a month, a year, or a period of years.
True
False
2. Name the four (4) Ps and how they might differ in international marketing. Justify your response.
Product
Price
Promotion
Place
3. In a periodic tenancy, property is leased for a specified period of time, which could be a month, a year, or a period of years.
True
False
4. Maertge Airlines purchases an aircraft for $84,000,000 on January 1, 2016. The residual value of the aircraft is estimated at $7,500,000, and its useful life is estimated at 25 years. Applying the double-declining-balance method of depreciation, the depreciation expense recognized for the year ended December 31, 2018 will be __________.?
1. $6,182,400
2. $6,720,000
3. $3,096,576
4. $5,687,808