Maurice Corporation invested $100,000 to acquire 20,000 shares of Delta Technologies, Inc on March 1, 2017
Delta pays a cash dividend of $0.25 per share on July 2, 2018. The investment is classified as available-for-sale. Based on these two transactions, which of the following is true of the accounting equation as of July 2, 2018?
A) Total assets in the balance sheet will remain unchanged.
B) Current assets in the balance sheet will remain unchanged.
C) Equity in the balance sheet will increase.
D) Total liabilities in the balance sheet will increase.
C
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a. Art Fees Earned b. Notes Payable c. Prepaid Insurance d. Unearned Art Fees
The easiest method of determining the advertising budget is the competitive budget method
Indicate whether the statement is true or false
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Answer the following statement true (T) or false (F)
A Marriott hotel is able to charge four times as much as an Econo-Lodge for a room because of the amenities the Marriott offers. These amenities include a swimming pool, room service, exercise equipment, in-room iron, hair dryer and coffee maker and more. The Econo-Lodge provides guests with a clean room to sleep in and little else. Marriott's ability to charge a premium price is the result of its ________ strategy.
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