In his will, Bryson makes a gift of $12,000 to Curtis. This is
A) a general bequest

B) a general devise.
C) a specific bequest.
D) a specific devise.


A

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When the maturities of a bond issue are spread over several dates, the bonds are called

a. serial bonds b. bearer bonds c. debenture bonds d. term bonds

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In Chinese, the KFC slogan "finger-lickin' good" came out as "eat your fingers off." And Motorola's Hello-moto ringtone sounded like "Hello, Fatty" in India. Which of the following strategies can be used to avoid such mistake

A) communication adaptation B) standardized global marketing C) straight product extension D) product adaptation E) communication extension

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Indicate whether each of the following statements about financial statement analysis is true or false.Ratio analysis may involve studying relationships between an item reported on the balance sheet and another reported on the income statement. ______Comparing sales in Year 2 with sales for Year 1 is a form of vertical analysis. ______Comparing net income in Year 2 with sales for Year 2 is a form of horizontal analysis. ______Liquidity ratios measure a company's ability to generate cash flows in the short term. ______Working capital is calculated by using the following formula: current assets - current liabilities. ______

What will be an ideal response?

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Last school year, the student body of a local university consisted of 30% freshmen, 24% sophomores, 26% juniors, and 20% seniors. A sample of 300 students taken from this year's student body showed the following number of students in each classification. Freshmen 83 Sophomores 68 Juniors 85 Seniors 64 We are interested in determining whether or not there has been a significant change in the

classifications between the last school year and this school year. The expected frequency of seniors is a. 60. b. 20%. c. 68. d. 64.

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