The mission statement of General Electric is to be either #1 or #2 in each industry in which it does business. This mission statement represents a(n) ______ theme.
a. innovation
b. product
c. excellence
d. social purpose
c. excellence
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An advertising appeal is the:
A) key idea or ideas that an advertisement is to convey B) key element in an advertisement that taps into or activates a consumer's personal value system C) design of the advertisement that attracts attention or presents information D) theme that explains how the message will be delivered
Suppose another breakthrough in computer technology greatly increases total factor productivity. Explain how this would affect aggregate supply, output, and the price level in the short run and the long run.
What will be an ideal response?
Which of the following presents the proper ordering of assets, liabilities and equities on the statement of financial position used by some countries that is different from the U.S.?
a. current assets, long-term assets, current liabilities b. inventories, trade-receivables, cash c. assets, liabilities, equities d. current liabilities, long-term liabilities, equities
Clementine Co computes depreciation to the nearest whole month and uses the straight-line method. On May 2, 2015, the company purchased an asset for $18,000 with a four-year life and a $3,600 residual value. On October 6, Karen also sold an asset with a cost of $34,500 that had been purchased in 2015. The sold asset had been estimated to have a five-year life and no residual value when it was
purchased. The depreciation expense on these two assets for 2015 totals A) $7,575 B) $10,500 C) $9,300 D) $7,600