A "hit" is another term for what?
a. A pageview.
b. A site visit.
c. A purchase.
d. A video view.
Answer: a. A pageview.
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If it takes 45 days to sell inventory, 30 days to collect for the sale, and creditors' payment terms are 60 days, the financing period is 135 days
Indicate whether the statement is true or false
Nanotech Inc leased a new machine having an expected useful life of 20 years from Union Co Terms of the noncancelable 15-year lease were that Nanotech would gain title to the property upon payment of a sum equal to the fair market value of the machine at the termination of the lease. Nanotech accounted for the lease as a capital lease and recorded an asset and a liability in the financial
records. The asset recorded under this lease should properly be amortized over a. 5 years (the period of actual ownership). b. 15 years (75 percent of the 20-year asset life). c. 20 years (the total asset life). d. 15 years (the term of the lease).
A contract in which both parties are mistaken about the value of the object of the contract is considered ________
A) unenforceable B) unconscionable C) non-rescindable D) void
The CERCLA trust fund is financed by a:
a. tax on chemical feedstocks. b. surtax on businesses with annual incomes over $2 million. c. tax on petroleum. d. All of these.