The MegaHit Film Studio has a licensing right (or agreement) to distribute films produced by the Artsy Film Company. How would the MegaHit Company classify this licensing right?

A. Research and development
B. Intangible asset
C. Tangible asset
D. Fixed asset


Answer: B

Business

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You have decided to invest $4,000 at a rate of 10% per year during the first 30 years. After that, you will be more conservative and expect to earn 5% per year. Which of the formulas in B7 will allow you to determine how much money will you have 45 years from now?



a) =B1*(1+B5)^B3*(1+B6)^B4
b) =B1*(1+B5)^B2
c) =B1*(1+B5)^B3 + B1*(1+B6)^B4
d) =B1*(1+(B5*B6))^B2

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One value of multimedia presentational aids is that they ______.

a. replace the spoken message b. take pressure off the speaker c. improve information retention d. give the audience something interesting to look at

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Owners of a corporation who elect the board of directors and vote on fundamental changes in the corporation are known as ________

A) spectators B) shareholders C) electors D) associates

Business

The Alternative Minimum Tax has become an increasing burden for middle income taxpayers, because

A) it is not indexed for inflation. B) an increasing percentage of taxpayers are self-employed. C) Congress has repeatedly decreased income limits on who must pay the tax. D) of an increase in the ratio of non-wage to wage income.

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