The right-hemisphere skills include
a. reading ancient, medieval books on logic.
b. using metaphors and analogies to describe things or people.
c. using and working with a computer program.
d. establishing timetables for your activities.
ANSWER: b
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Sharp Inc purchased equipment at a cost of $700,000 in January, 2003. As of January 1, 2012, depreciation of $315,000 had been recorded on this asset. Depreciation expense for 2012 is $35,000. After the adjustments are recorded and posted at December 31, 2013, what are the balances of Equipment and Accumulated Depreciation? Equipment Accumulated Depreciation
A) $700,000 $350,000 B) $700,000 $ 0 C) $385,000 $ 35,000 D) $350,000 $350,000
Metro Movers Miami Corporation allows Metro Movers Milwaukee Company to use Metro Movers' trademark as part of its company advertising. This is A) a license
B) likely to confuse consumers. C) trademark infringement. D) trademark dilution.
Beamish Inc., which produces a single product, has provided the following data for its most recent month of operations: Number of units produced 8,000Variable costs per unit: Direct materials$37Direct labor$56Variable manufacturing overhead$4Variable selling and administrative expense$2Fixed costs: Fixed manufacturing overhead$312,000Fixed selling and administrative expense$448,000 There were no beginning or ending inventories. The absorption costing unit product cost was:
A. $93 per unit B. $136 per unit C. $97 per unit D. $194 per unit
Which of the following tools provides an excellent means of identifying the exact location of an error in a formula?
a. Error Checking b. Function Library c. Show Formulas d. Evaluate Formula