Which of the following liabilities is created when a company receives cash for services to be provided in the future?
A) Unearned Revenue
B) Accrued Liability
C) Accounts Payable
D) Estimated Warranty Payable
A
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An example of an intangible asset is
a. A patent b. Land c. Investment in another company d. Raw material inventory
Choose the correct verb in parentheses. The symphony (raises, rises) a lot of money through its silent auction
Which of the following statements accurately compares marketing to final consumers with marketing to organizational customers?
A. As compared to B2B buyers, consumers are more likely to utilize purchasing specifications. B. As compared to those made by consumers, purchasing decisions by organizational buyers are usually more economic and less emotional. C. Marketing to organizations is just like marketing to final consumers. D. Firms may choose to serve either organizational buyers or final consumers, but not both. E. Business-to-business marketing includes marketing to final consumers.
The internal rate of return on an asset can be calculated:
A. if the future value of a series of cash flows can be arrived at by the annuity accumulation factor. B. by finding a discount rate that yields a positive net present value. C. if the asset's cash flows are identical to the future value of a series of cash flows. D. if the return is greater than the hurdle rate. E. by finding a discount rate that yields a zero net present value.