_____ arise from relatively infrequent transactions, and there can be no assurance that they will recur in any future period
a. Gains/Losses
b. Revenues
c. Expenses
d. Assets
e. Liabilities
A
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On December 31, 2016, the Wagner Company had the following liabilities: Trade accounts payable $150,000 11% note payable, maturing in equal installments of $40,000 on December 30 of each year through 2019 120,000 12% note payable, issued October 15, 2016, maturing February 15, 2017 70,000 On December 31, Wagner signed a binding agreement with its bank to refinance the 12% note through February
14, 2019, at a variable interest rate. What is the amount of Wagner's current liabilities on December 31, 2016? A) $150,000 B) $190,000 C) $230,000 D) $260,000
Poor goods and services designs can lead to all of the following except?
a. Costs due to warranty repairs b. Costs due to product returns c. Lost customers d. Enhanced brand equity
According to a recent Federal Communications Commission report, AT&T, Verizon, Sprint-Nextel, and T-Mobile control 93 percent of the subscribers in the U.S. wireless mobile phone market. Which form of competition characterizes this market?
A. pure competition B. a monopoly C. an oligopoly D. limited competition E. monopolistic competition
A disadvantage of licensing as a means of acquiring new technology is that
A. it is the most time-consuming way to develop new technology. B. it is less economical than internal development. C. it involves high monitoring costs. D. the firm does not control or own the unique technology. E. the firm will need to acquire internal development capabilities.