Hamlet college recently purchased new computing equipment for its library. the following information refers to the purchase and installation of this equipment:

1. the list price of the equipment was $285,000; however, hamlet college qualified for an 'education discount' of $25,000. it paid $50,000 cash for the equipment, and issued a three-month, 9 percent note payable for the remaining balance. the note, plus accrued interest charges of $4,500, was paid promptly at the note's maturity date.

2. in addition to the amounts described in 1, hamlet paid sales taxes of $15,000 at the date of purchase.

3. freight charges for delivery of the equipment totaled $1,000.

4. installation costs related to the equipment amounted to $5,000.

5. during installation, one of the computer terminals was accidentally damaged by a library employee. it cost the college $500 to repair this damage.

6. as soon as the computers were installed, the college paid $4,000 to print admissions brochures featuring the library's new, state-of-the-art computing facilities.

instructions

compute the total cost added to the college's computing equipment account.

prepare a journal entry at the end of the current year to record depreciation on the computing equipment. hamlet college intends to depreciate this equipment by the straight-line method (half-year convention) over an estimated useful life of five years. assume a zero-residual value.

Jameson manages a well-known cell phone company. this company has been voted as having the best cell-phone service. consumers appreciate the fact that they can call from almost anywhere in the world and the service still gets through. jameson knows that the company's product far surpasses that of the competition. one thing has been bothering him, though. in order to put so many resources into ensuring the best service, jameson has cut back on employees at the firm's customer call center. recently, consumers have begun complaining about long wait times when they call in with a problem or concern. although its cell phone service is still considered one of the best, customer satisfaction with the firm's customer service has plummeted. jameson does not understand why consumers are getting so upset. he believes the exceptional cell phone service more than makes up for long waiting periods and other issues with its customer service. "after all," he says, "they can't have it all. if i invest more in customer service, that means less investment on ensuring the quality of our product offering."refer to scenario. jameson has asked you, a marketing consultant, to give him advice. he cannot understand how a cell-phone company with the best product offering in the cell-phone service industry could get such low satisfaction ratings simply because the customer service is not up to par. you suggest that jameson has a narrowly defined view of the company's product offering. you tell jameson that successful marketers should define their products as what they

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Which of the following occupations relate to a skill category of words and literacy