Consider the Demand for Microwave Ovens data set. What is the total demand corresponding to random numbers 59, 8, 60, 10, 80, and 31?
A. 8
B. 9
C. 10
D. 11
C. 10
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The current year's advertising costs are normally considered period costs
Indicate whether the statement is true or false
To be considered an investment asset, an item
A) must be purchased for the specific purpose of providing additional income or increasing net worth. B) must be a stock, a bond, or a savings account. C) must be intangible. D) must be owned free and unencumbered by a loan.
Residual value, also referred to as salvage value, is the amount the company expects to receive from selling the asset at the end of its service life.
Answer the following statement true (T) or false (F)
A preferred stock can be exchanged for a certain number of shares of common stock at the _____.?
A. par value? B. ?conversion price C. ?discount rate D. ?capital gain rate E. ?premium price