Which of the following is not categorized as an operating expense?
A. the cost of products being sold
B. marketing costs
C. administrative overhead
D. amortization of goodwill
Answer: A
You might also like to view...
A check drawn by a company for $360 in payment of a liability was recorded in the journal as $630 . This item would be included on the bank reconciliation as a(n)
a. addition to the balance per the company's records b. addition to the balance per the bank statement c. deduction from the balance per the bank statement d. deduction from the balance per the company's records
Explain personal defenses against the payment of negotiable instruments. Give suitable examples.
What will be an ideal response?
A ________ structures decisions with a series of nodes
Fill in the blank with correct word.
The management of Opray Corporation is considering the purchase of a machine that would cost $360,000, would last for 7 years, and would have no salvage value. The machine would reduce labor and other costs by $78,000 per year. The company requires a minimum pretax return of 11% on all investment projects. (Ignore income taxes.)Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.The present value of the annual cost savings of $78,000 is closest to:
A. $177,027 B. $367,536 C. $546,000 D. $763,064