While driving, Janice notices an animated, electronic billboard ad for Zesty Soda on top of a passing taxicab. This is an example of
A. free-form advertising.
B. aerial advertising.
C. specialty advertising.
D. transit advertising.
E. stationary advertising.
Answer: D
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In 2015, Suez Company issued $200,000 of bonds for $189,640 . If the face rate of interest was 6.73% and the effective rate of interest was 8%, how would Suez calculate the interest expense for the first year on the bonds using the effective interest method?
a. $189,640 × 6.73% b. $189,640 × 8% c. $10,000 × 6.73% d. $10,000 × 8%
After determining a clear and meaningful purpose for a communication, what is the next step in planning the communication?
A) Understanding the needs of the audience B) Writing the communication C) Refining the topics to be covered in the communication D) Developing the first draft of the communication E) Determining the channel and medium for the communication
Fallingstar, Inc. has 110,000 shares of common stock issued and outstanding, with a par value of $0.03 per share. It declared a 17% common stock dividend; market value is $14 per share. Which of the following is the correct journal entry to record the transaction? (Round your answers to the nearest whole dollar.)
A) debit Stock Dividends $261,800 and credit Paid-In Capital in Excess of Par—Common $261,800 B) debit Stock Dividends $261,800, credit Common Stock Dividend Distributable $561, and credit Paid-In Capital in Excess of Par—Common $261,239 C) debit Stock Dividends $261,800 and credit Cash $261,800 D) debit Common Stock Dividend Distributable $561, debit Paid-In Capital in Excess of Par—Common $261,239, and credit Retained Earnings $261,800
The typical full-service restaurant uses a product-focused process
Indicate whether the statement is true or false