Which of the following is an object that is admired strictly for its beauty or because it inspires an emotional reaction?

A) An art product
B) A reality-engineered product
C) A craft product
D) A trial product


A

Business

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In 2015, Morton Cosold 150 hot air balloons at $4,000 each. The balloons carry a 5-year warranty for defects. Morton estimates that repair costs will average 4% of the total selling price. The estimated warranty liability at the beginning of the year was $14,000 . $20,000 in claims was actually incurred during the year to honor their warranty. What was the warranty expense for 2015?

a. $10,000 b. $18,000 c. $20,000 d. $24,000

Business

Given the data below for the Zoom Corporation, its required return is

1. Beta = 0.8 2. Expected price appreciation = 7% 3. Market risk premium = 8% 4. Risk free rate = 4% 5. Next year's dividend = $1.00 6. Current market price = $50 A) 10.4%. B) 12.0%. C) 12.4%. D) 15.0%.

Business

A reasonable measure is one that is valid and compelling

Indicate whether the statement is true or false

Business

Phone manufacturers depended on third-party operating system software in the past but are now creating their own operating systems

a. True b. False Indicate whether the statement is true or false

Business