Identify the balance sheet classification of each of the following assets by placing an X in the correct classification: Plant Assets, Natural Resources, or Intangibles. ?Plant assetsNatural ResourcesIntangible Assetsa.Trademark???b.Oil field???c.Gold mine???d.Building???e.Franchise???f.Timberland???g.Patent???h.Land???i.Copyright???j.Leasehold???
What will be an ideal response?
? | Plant assets | Natural Resources | Intangible Assets |
k.Trademark | ? | ? | X |
l.Oil field | ? | X | ? |
m.Gold mine | ? | X | ? |
n.Building | X | ? | ? |
o.Franchise | ? | ? | X |
p.Timberland | ? | X | ? |
q.Patent | ? | ? | X |
r.Land | X | ? | ? |
s.Copyright | ? | ? | X |
t.Leasehold | ? | ? | X |
You might also like to view...
A marketing concept that refers to the revenue (or profit) generated by one customer over their lifetime dealing with one firm is their ________.
A. influencer impact B. customer profile C. benefit matching D. long-term value
In May direct labor was 60% of conversion cost. If the manufacturing overhead for the month was $54,000 and the direct materials cost was $30,000, the direct labor cost was:
A. $20,000 B. $45,000 C. $36,000 D. $81,000
The ____ is the person responsible for directly and coordinating the organization's overall budget process
A) budget master B) controller C) chief financial planner D) budget director E) chief accountant
In an employment contract, a covenant not to compete can be enforceable.
Answer the following statement true (T) or false (F)