4. Select the FALSE statement below: A. A partnership approach to planning for mass casualty incidents helps to ensure that the plans for your organization are compatible with those of the agencies that would respond if an incident occurred. B. A plan for mass casualty incidents should include protective actions to reduce vulnerabilities, response actions to minimize negative consequences, and postincident actions to promote community recovery. C. It is important to customize your emergency plan to reflect the risks, realities, and resources that characterize the local area and your own organization. D. When an organization is planning for mass casualty incidents, an effective approach is to request law enforcement personnel to develop a separate plan for mass casualty incidents for the organization.

Answers

Answer 1

Answer: D. When an organization is planning for mass casualty incidents, an effective approach is to request law enforcement personnel to develop a separate plan for mass casualty incidents for the organization.

Explanation:

Mass casualty incident refers to a situation in which medical services are overwhelmed by the number of casualties.

From the options given, the false statement is that "When an organization is planning for mass casualty incidents, an effective approach is to request law enforcement personnel to develop a separate plan for mass casualty incidents for the organization".

This is incorrect. In a mass casualty, a separate plan cannot be developed for an organization. All the casualties are entitled to same plan.


Related Questions

June 1: Byte of Accounting, Inc. Acquired $78,200 in cash from lauren and issued 3,400 shares of its common stock.

Answers

Answer:

Question requires that a journal entry is done;

Date                 Account Title                                     Debit                    Credit

June 1              Cash                                                $78,200

                        Common Stock                                                            $78,200

When using supply and demand to analyze trade, one can assume that the domestic market being small relative to the world market leads to: Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices an upward-sloping domestic supply curve. a horizontal world supply curve. a vertical domestic demand curve. a downward-sloping domestic demand curve.

Answers

Answer:

a horizontal world supply curve.

Explanation:

When the supply curve is horizontal, it means that supply is perfectly elastic.

Supply is perfectly elastic, if a small change in price leads to supply falling to zero.

Interview a business owner in your local community on the negative impact of crime on his/her business and provide evidence of the interview.​

Answers

It’s not surprising when the business owner makes it sound like the local community doesn’t have a high crime rate. But when it does we must ask ourselves. How can this change? Well first how good is the security? Are their security camera’s? And how easy would it be for a criminal to walk into the business?

Suppose the amounts presented here are basic financial information (in millions) from the 2020 annual reports of Nike and adidas.

Nike

adidas

Sales revenue $19,795.3 $10,675
Allowance for doubtful accounts, beginning 77.2 112
Allowance for doubtful accounts, ending 104.1 134
Accounts receivable balance (gross), beginning 2,884.3 1,740
Accounts receivable balance (gross), ending 2,952.8 1,556
(a1)

Calculate the accounts receivable turnover for both companies. (Round answers to 1 decimal place, e.g. 12.5.)

Nike

adidas

Accounts receivable turnover times times

Answers

Answer:

Accounts Receivable Turnover = Sales/Average accounts receivables

Sales revenue / [Accounts receivable balance (gross), beginning - Allowance for doubtful accounts, beginning) + (Accounts receivable balance (gross), ending + Allowance for doubtful accounts, ending) / 2

For Nike

Accounts Receivable Turnover = $19795.3/ [(2884.3-77.2)+(2952.8-104.1)/2]

Accounts Receivable Turnover = $19795.3 / $2827.9

Accounts Receivable Turnover = 7 times

For Adidas

Accounts Receivable Turnover = 10675/[(1740-112)+(1556-134)]/2

Accounts Receivable Turnover = $10675 / $1525

Accounts Receivable Turnover = 7 times

Explain the difference between uninsured and underinsured.

Answers

Uninsured motorist insurance protects you if you're in an accident with an at-fault driver who doesn't carry liability insurance. Underinsured motorist coverage steps in when you're in an accident with an at-fault driver whose liability limits are too low to cover the medical expenses of any injured people.

Which investor is making a common error?

A) an employee of a popular hardware store who invests only in that company’s stock
B) an employee of a popular software company who invests in many similar companies
C) someone who sells the slumping stock while they are still able to make a profit based on what they paid
D) someone who buys stock in both domestic and more risky international companies

Answers

Answer:

A

Explanation:

The investor who is making a common error is an employee of a popular hardware store who invests only in that company’s stock. The correct option is A.

Who is the investor who avoided risk?

Investors that are risk-averse are sometimes referred to as conservative investors. They are unable to accept volatility in their financial portfolios either by nature or by circumstance. They desire very high liquidity for their investments. That is, the money must be present in its entirety when they are prepared to withdraw it.

"Putting all your eggs in one basket" is a mistake made by this investor. They are taking a significant risk by investing just in one company's shares because the stock's performance is closely correlated with the success of that one business. The stock's value will probably decrease if the business has a downturn, which will cost the investor money.

Thus, the ideal selection is option A.

Learn more about investors here:

https://brainly.com/question/30828591

#SPJ5

The 1974-1975 recession was a result of a: ANSWER Unselected supply shock that caused a leftward shift of the short-run aggregate supply curve Unselected housing bubble collapse that caused a leftward shift of the aggregate demand curve Unselected supply shock that caused a leftward shift of the long-run aggregate supply curve Unselected I DON'T KNOW YET

Answers

Answer: supply shock that caused a leftward shift of the short-run aggregate supply curve

Explanation:

One of the main causes of the 1974 - 1975 recessions was the raising of oil prices and then the subsequent oil embargo on the United States by Arab members of the Organization of the Petroleum Exporting Countries(OPEC).

OPEC did not like the support that the United States was giving Israel and so placed an embargo on the U.S. such that the U.S. could no longer get much oil from the Middle East which she heavily relied upon.

This reduced the supply of oil drastically to the U.S. and resulted in a supply shock that shifted the short run aggregate supply curve to the left to reflect the fuel scarcity and the effect it had on the economy as production slowed down.

Cranial Inc.has newly set up a website where customers can obtain information as well as buy its products.It notices that people who visit its website are instantly interested in the products,and 85% of the visitors end up making purchases.However,it also notices that the number of visitors are very low as they don't find it on their searches very often.Which of the following should Crayola include in its IBP campaign to increase its website's visibility and traffic?
A) Pop-under ads
B) Interstitial ads
C) Buzz marketing
D) Search engine optimization

Answers

Answer: D) Search engine optimization

Explanation:

When you search for a query and various websites pop up, the websites that you would most likely pick are the very first ones that you see and these websites are so high up because they have very good search engine optimization.

Search engine optimization increases the visibility of a website so that people can be able to find the website better. The major way it does this is by using keywords that people search. Cranial Inc. needs to work on its Search engine optimization so as to increase traffic to their website.

Answer:

D) Search engine optimization

Explanation:

Search engine optimization (SEO) can be defined as a strategic process which typically involves improving and maximizing the quantity and quality of the number of visitors (website traffics) to a particular website by making it appear topmost among the list of results from a search engine such as Goo-gle, Bing, Yah-oo etc.

This ultimately implies that, search engine optimization (SEO) helps individuals and business firms to maximize the amount of traffic generated by their website i.e strategically placing their website at the top of the results returned by a search engine through the use of algorithms, keywords and phrases, hierarchy, website updates etc.

Hence, search engine optimization (SEO) focuses on improving the ranking in user searches of a particular website by simply increasing the probability (chances) of the website emerging at the top of a web search.

In conclusion, Crayola should include search engine optimization (SEO) in its IBP campaign in order to increase its website's visibility and traffic.

What are the three broad sections of a state or local government's CAFR? a. Introductory, financial, and statistical. b. Financial statements, notes to the financial statements, and component units. c. Introductory, statistical, and component units. d. Component units, financial, and statistical

Answers

Answer:

The answer is A.

Explanation:

CAFR means Comprehensive Annual Financial Report.

The CAFR has 3 sections - Introductory, Financial and Statistical

The Introductory section guides the user of the report through the report.

The Financial section presents the government's financial statements as well as notes to the statements and the independent auditors’ report.

The Statistical section provides statistical and financial data.

"Dave, I know that you are trained to work as a chemist and not to solve scheduling problems. But as lab manager, you are a frontline supervisor. You cannot immediately tell your staff to take their problems to higher management," said Quint. "You must first work with your staff to solve the problems. If you are unable to do so, you can consult with higher management. In our bureaucratic firm, we follow the chain of command so that
A. jobs can be redesigned to optimize operation of a new technology."
B. employees have freedom to seek out their preferred managers to solve their problems."
C. mathematical models are used for problem solving."
D. supervisors gain experience in and are accountable for solving problems in their work units.

Answers

Answer: D. supervisors gain experience in and are accountable for solving problems in their work units.

Explanation:

A chain of command is necessary in business because it diversifies authority such that decisions can be made faster.

It works by dividing employees into units which will answer to a manager. That manager will make decisions for the unit and this leads to decisions being made faster because everybody wouldn't have to go to upper management when they already have a manager.

Supervisors/ managers of these units are therefore accountable for their units and will gain experience from being so.

Liz would like to study abroad for a year before graduating from college. She would like to live someplace that is close to her native country of Ireland in terms of development because she will need to use the Internet for many of her classes. She can choose from programs in three countries. What could she use to measure the economic performance of the three countries

Answers

Answer:

Gross domestic productivity

Explanation:

In simple words, The monetary worth of all completed products and services produced inside a country over a certain period is known as that of the gross domestic product (GDP). GDP is a measure of a nation 's economic health that is used to determine its size as well as rate of increase.

Thus, the best option for Liz in the given case is to analyze the GDP of these countries.

"In the recent years, prices of basic food commodities such as corn, rice, and wheat have increased sharply. An article in the Wall Street Journal stated that Chinese authorities were concerned that escalating prices would cause inflation and be followed by civil unrest. (Source: Wall Street Journal, February 20, 2011) If the Chinese government sets a price ceiling below the equilibrium price, the result will be to"

Answers

Answer:

C) create deadweight loss

Explanation:

A) increase total surplus.

B) eliminate deadweight loss.

C) create deadweight loss

D) increase surplus and create deadweight loss

Effects of a binding price ceiling

1. It leads to shortages

2. it leads to the development of black markets

3. it prevents producers from raising price beyond a certain price

4. It lowers the price consumers pay for a product. This increases consumer surplus

Deadweight loss is increases in economic inefficiency as a result of the price ceiling. Efficiency would occur because the market is not at equilibrium

10. If you are under 18 years you shall not operate a motor vehicle between the hours of ....... and...... unless you are
driving to or from a scheduled event. This curfew remains in effect until you turn 18, regardless of when your
driver's license was issued.
A
1 am to 5 am
B. O 12 pm, 5 am
c. O5 pm, 5 am
D. O 10 pm, 5 am

Answers

Answer:

its a 1 am to 5 am

Explanation:

i took the test

Benny spends all of his money buying wine and cheese. The marginal utility of the last bottle of wine he bought is 60, and the marginal utility of the last block of cheese he bought is 30. The price of wine is $3, and the price of cheese is $2. Benny: Group of answer choices is buying wine and cheese in the utility-maximizing amounts. should buy more wine and less cheese. should buy more cheese and less wine. is spending too much money on wine and cheese.

Answers

Answer:

should buy more wine and less cheese

Explanation:

Marginal utility is the additional utility derived from consuming one more unit of a good

The consumption decision is to consume more units of a good that gives the higher utility per good.  

Marginal utility per good = marginal utility / price of the good  

Wine = 60 / $3 = 20

Cheese = 30 / $2 = 15

Wine has a higher utility per good when compared with cheese. Benny should buy more wine and less cheese

AI Tool and Dye issued 8% bonds with a face amount of $160 million on January 1, 2018. The bonds sold for $150 million. For bonds of similar risk and maturity the market yield was 9%. Upon issuance, AI elected the option to report these bonds at their fair value. On June 30, 2018, the fair value of the bonds was $145 million as determined by their market value on the NASDAQ. Will AI report a gain or will it report a loss when adjusting the bonds to fair value? If the change in fair value is attributable to a change in the interest rate, did the rate increase or decrease? Will the gain or loss be reported in net income or as OCI?

Answers

Answer and Explanation:

A will report the gain at the time when the bond is adjusted to the fair value as there is a reduction in the far value of the liabilities that occured the gain. In the case when the fair value is changed so there is also the changed in the rate of interest due to this the rate of interest is rised.

Here A would be reported the gain in the net income as there is the change in the rate of interest due to the change in the fair value

In the case when there is the chaneg in the fair value of the bond so this is because of the change in the credit risk and the same should be shown in the statement of the comprehensive income as other comphrensive income

Rita: The original purpose of government farm subsidy programs was to provide income stability for small family farmers. But most farm-subsidy money goes to a few farmers with large holdings. Payments to farmers whose income, before subsidies, is greater than $100,000 a year should be stopped.
Thomas: It would be impossible to administer such a cut-off point. Subsidies are needed during the planting and growing season, but farmers do not know their income for given calendar year until tax returns are calculated and submitted the following April.
Which one of the following, if true, is the strongest counter Rita can make to Thomas' objection?
(A) It has become difficult for small farmers to obtain bank loans to be repaid later by money from subsidies.
(B) Having such a cut-off point would cause some farmers whose income would otherwise exceed $100,000 to reduce their plantings.
(C) The income of a farmer varies because weather and market prices are not stable from year to year.
(D) If subsidy payments to large farmers were eliminated the financial condition of the government would improve.
(E) Subsidy cut-offs can be determined on the basis of income for the preceding year.

Answers

Answer: E. Subsidy cut-offs can be determined on the basis of income for the preceding year.

Explanation:

Since Thomas counters Rita's point stating that during the initial part of the season, subsidies are needed. On the other hand, the income for the year will be calculated when the year ends.

To counter Thomas, it should be noted that Rita can say that subsidy cut-offs can be determined on the basis of income for the preceding year.

Give one word for the following.

A. Involuntary separation from an organization.
__________________

B. Voluntary separation from an organization.
__________________

Answers

Answer:

a fired

b quit

Explanation:

involuntary is not by choice

voluntary is by choice

Review the following statements regarding a petty cash fund used in a business. Select the one that is correct. Multiple choice question. The cashier of a fund will write checks for small payments like postage, supplies and deliveries. Only the petty cashier is responsible for paying cash from the fund. A petty cash fund is controlled by top management. A check written against the fund is cashed when the fund is replenished.

Answers

Answer:

Only the petty cashier is responsible for paying cash from the fund.

Explanation:

A petty cash fund can be regarded as small amount of cash that is kept on hand or kept in a locked drawer which could be used in payment for minor expenses. These expenses could be office supplies expenses or reimbursements. There should be periodic reconciliations for a petty cash fund, and the transactions should also be recorded on the financial statements. As regards to petty cash fund used in a business, Only the petty cashier is responsible for paying cash from the fund.

20 air conditioning units for use in the international space station operated for 1,000 hours One failed after 200 hours and one after 600 hours

Answers

Answer:

.0153 failure/trip

Explanation:

Calculation to determine the Failure rate (FR)

First step is to calculate the FR(%)

FR(%)=2/20 (100%)

FR(%)=10%

Second step is to calculate the FR(N)

FR(N)= Failure/unit hr=2/[(20*1,000hrs)-(1,000 hrs+200 hrs)]

FR(N)= Failure/unit hr=2/20,000 - 1,200

FR(N)= Failure/unit hr=2/18,800

FR(N)= Failure/unit hr=000106

Now let determine the FR

FR = (.000106)(24hrs )(6 days/trip)

FR = .0153 failure/trip

Therefore the Failure rate (FR) is .0153 failure/trip

Under a program called the Emissions Trading​ Scheme, the governments of European Union member nations establish overall targets for greenhouse gas emissions and issue​ __________, or​ permits, authorizing companies to emit certain amounts. In​ theory, an increase in the market clearing price of​ __________ should induce firms to develop methods of​ __________ their emissions of greenhouse gases.
A. allowances; allowances; reducing
B. vouchers; pollution; eliminating
C. allowances; allowances; eliminating
D. vouchers; pollution; reducing

Answers

Answer:

A). allowances; allowances; reducing

Explanation:

According to the Question,

Except for all other option, only option A fit better in the above definition.

Individuals produced their own goods. They then decided to specialise. They formed a group and offered their skills to each other but without the use of money. What is not likely to be the result for the group? A. It will enjoy a rise in its material standard of living. B. It will have a wider choice of goods and services. C. It will need to use a system of barter. D. It will save time in obtaining goods and services.

Answers

Answer:

It will save time in obtaining goods and services.

Explanation:

Due to a mild winter, Florida experienced a bumper crop of oranges. This would best be represented by a(n) movement down the U.S. production possibility frontier. movement off the U.S. production possibility frontier to some point inside the frontier. movement up the U.S. production possibility frontier. outward shift of the U.S. production possibility frontier away from the origin.

Answers

Answer:

movement up the U.S. production possibility frontier.

Explanation:

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.  

The PPF is concave to the origin. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.  

Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources

Points inside the production possibilities curve means that the nations resources are not being fully utilised

Factors that cause the PPF to shift  

1. changes in technology.  

2. changes in available resources.  

3. changes in the labour force.

Due to the winter, there would be a movement up along the PPF

You purchased a call option for $3.45 17 days ago. The call has a strike price of $45, and the stock is now trading for $51. If you exercise the call today, what will be your holding-period return? If you do not exercise the call today and it expires, what will be your holding-period return?

Answers

Answer:

73.9%;-100%

Explanation:

1. Calculation to determine what will be your holding period return If you exercise the call today

First step is to determine the Forest profit

If the call is exercised

Gross profit =$51 - 45

Gross profit= $6

Second step is to calculate the Net profit

Net profit =$6 -$3.45

Net profit = $2.55.

Now let calculate The holding period return Holding period return=$2.55/$3.45

Holding period return = .739 *100

Holding period return=73.9%

Therefore If you exercise the call today, what will be your holding-period return will be 73.8%

2. Calculation to determine what will be your holding period return If you do not exercise the call today and it expires,

Holding period return= ($0 -$3.45)/$3.45

Holding period return=-$3.45/$3.45

Holding period return = -1.00*100

Holding period return= -100%

Therefore If you do not exercise the call today and it expires, what will be your holding period return will be -100%

What kind of inventory tracking system shows the cost and gross profit margin in each item?

Unit-control systems

Dollar-control systems

Manual tag systems

Radio frequency identification systems

Answers

Answer:

hola its jess !!

answer is here:-

Dollar-control systems show the cost and gross profit margin on individual inventory items.

hope it may help you!!

The Italy can produce 20 Gas turbines and 60 Tyres. France can produce 80 Gas turbines and 30 Tyres.
a). What is the opportunity
cost of producing Gas turbines in Italy? ______ tyres.
b). What is the opportunity cost of producing Tyres in
France ? _______ Gas turbines.

Answers

Answer:

1. 60 Tyres

2. 80 Gas Turbines

Explanation:

Given that the Opportunity cost is an economics term that is used in describing the cost of an alternative that must be forgone to continue or proceed with a certain activity.

Hence, in this case, considering the available information in the question, the correct answer is that the opportunity cost of producing Gas turbines in Italy is 60 Tyres.

At the same time the opportunity cost of producing Tyres in France 80 Gas turbines.

A line cook at a restaurant was inspired to become a chef, but he lacked the necessary training. The line cook asked the chef at the restaurant if he could borrow $2,400 to take a professional cooking class. The chef agreed in a writing signed by both parties to loan him the money, provided that the line cook repaid her $200 each month for a year, beginning when the six-month class was over. The line cook made the first payment, but then missed the next two payments. The chef brought an action against the line cook prior to the time the fourth payment was due. How much is the chef entitled to in a judgment against the line cook?
Answers:
A. Nothing, because the entire loan amount was not yet due.
B. $400
C. $600
D. $2,400

Answers

Answer:

The answer is "Option B".

Explanation:

In the event of an infringement, unless the sole remaining performing duties are the violating duties of a Party as well as the fee by payments which are not mutually related, this same violation of – anti shall result throughout the infringement, whether in followed or accompanied by either a condemnation, not leading to a legal claim in full or partial contravening. Another claim for part-infringement damages is for compensation based only on the portion of the residual music rights of the wounded person. Here the cook only has the right to judge the amount due to the line cook after 2 months of payment.

Aa jaaaaaao not for bad
grxogypnpq

Answers

??????????????????!???????????????

Why is it hard to predict positive Moments of Reality (MORs)? A. Because they are negatively influenced by lifetime customer value. B. Because they differ by customer, and by time of year. C. Because most companies use moments of truth, which are in conflict with Moments of Reality. D.Because it is difficult to tell if a Moment of Reality is negative or positive.

Answers

Answer:

B. Because they differ by customer, and by time of year.

Explanation:

Moments of reality are hard to predict as it varies from customer to customer. All customers have different values and they rate a product or service according to their own values. Moments of reality can be positive or negative and they are influenced by customer experience.

Jay recently was promoted to a management position in a firm that had been extremely bureaucratic. However, the environment changed dramatically and the new management team knew it needed to change the organization quickly if it was to survive. Jay suggested that the management team allow the employees to develop more confidence in their ability to do a good job by sharing power with them. The others on the team were skeptical, but they allowed Jay to experiment. In this situation Jay is suggesting using __________ to increase employee confidence in their ability to do the job.

Answers

Answer:

Empowerment

Explanation:

Employee management is done in different ways. Some managers prefer to take charge and instruct their reports on what to do. This approach puts a lot of pressure on the manager because his input is needed in every activity.

Another method of employee management is empowerment. This involves assigning responsibility over various aspects of the job to employees and holding them accountable for the outcome.

This way employees feel valued and their confidence grows.

Jay is trying to use empowerment to increase employee productivity by allowing the employees to develop more confidence in their ability to do a good job by sharing power with them.

After 8 years of working for a company that installed underground sprinkling systems for golf courses, Jake was ready to venture into his own business. As he prepared his SWOT analysis, he evaluated where he stood at this time. He was fortunate to have $100,000 financing to get the business under way. He knew of three skilled installers who were willing and interested to work for him, and he was aware that new construction was at an all-time low, with several residential properties being foreclosed. In reviewing his list, you would categorize these events as __________. Multiple Choice three opportunities and one threat two strengths and one opportunity two strengths and one threat three opportunities and one weakness

Answers

Answer:

two strengths and one threat

Explanation:

Since in the given situation it is mentioned that that Jake was fortunate to have $100,000 financing also the skilled installers are willing to work but at the same time he was aware that the new construction was all time low

So here there are two strengths and one threat

In this way the events are categorized

Other Questions
Which action is an example of public policy?A. Organizing a church fund-raiser B. Volunteering in a soup kitchenC. Giving a speech to local students encouraging them to stay inschoolD. Determining the required width for a sidewalk what is the different between the love expressed in " a red, red rose" by Robert Burns and the love mentioned in " when i was twenty " by A.E.Houseman? What side is the shortest in the picture?A. GFB. DGC. EFD. GEF. DE From the standpoint of the issuing company, a disadvantage of using bonds as a means of long-term financing is that Group of answer choices bond interest is deductible for tax purposes. interest must be paid on a periodic basis regardless of earnings. income to stockholders may increase as a result of trading on the equity. the bondholders do not have voting rights. What would happen if you subtracted the equation for z from the equation for 10z? Read the following sentence.Shane broke his foot in the accident.What is the direct object? broke foot Shane accident please help me please help me please help me please help me please help me please help me please Explain why you believe Karl Marx and Joseph Stalin are so significant that they are deserving of "the most significant person in history award". give me a speech about it! Rewrite the given equation in logarithmic form. Then, select all of the equations with an equivalent solution.8e^x - 5 = 0 Identify two segments that are marked congruent to each other on the diagrambelow. (Diagram is not to scale.)KH#is congruent to What is the resistance of a bulb of 4owconnected in a line of 220v?2 what is a medicine that stimulates the body's immune response to make disease-fighting molecules to attack a specific pathogen? A) Which inequality is shown on this graphB) which graph shows the inequality Image attached An OH group attached to a hydrocarbon is called a _________ group whereas ______________ is a polyatomic ion with a charge of _______. if a binomial trial has a success of .3, how many successes would you expect out of 500 trails 7.5 7 2/5 7.69 in order what happened if we drinking 6 litres of water in three hours without taking a trip to the bathroom At all times during the year, the circle of illumination: Group of answer choices a) divides Earth between northern and southern hemispheres. b) divides Earth into eastern and western halves. c) separates winter from summer. d) divides Earth between equal halves of lightness and darkness. The equation represents the total resistance, r, when two resistorswhose resistances are r1 and r2 are connected in parallel. Find the totalresistance when r1 is x and r2 is x + 1. Highsmith Rental Company purchased an apartment building early in 2021. There are 20 apartments in the building and each is furnished with major kitchen appliances. The company has decided to use the group depreciation method for the appliances. The following data are available:Appliance Cost Residual Value Service Life (in Years)Stoves $15,000 $3,000 6Refrigerators 10,000 1,000 5Dishwashers 8,000 500 4In 2019, three new refrigerators costing $2,700 were purchased for cash. The old refrigerators, which originally cost $1,500, were sold for $200.Requried:a. Calculate the group depreciation rate, group life, and depreciation for 2016.b. Prepare the journal entries to record the purchase of the new refrigerators and the sale of the old refrigerators.