When determining whether to record an asset as a fixed asset, what two criteria must be met?
A) Must be an investment and must be long lived.
B) Must be long lived and must use the asset in a productive manner.
C) Must be long lived and must be a tangible asset.
D) Must be a tangible asset and must be an investment.
B
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Sommers Co.'s bonds currently sell for $1,080 and have a par value of $1,000. They pay a $100 annual coupon and have a 15-year maturity, but they can be called in 5 years at $1,125. What is their yield to maturity (YTM)?
A. 8.56% B. 9.01% C. 9.46% D. 9.93% E. 10.43%
Mediation is far more successful if it occurs when the parties are open to receiving help, a phenomenon known as ________-this refers to a negotiation where an intractable situation is just on the verge of being addressable.
Fill in the blank(s) with the appropriate word(s).
The factor rating method has ______ steps.
a. five b. seven c. six d. eight
The buyer has the right to inspect goods before accepting them
Indicate whether the statement is true or false