The account, Fair Value Adjustment-Available-for-Sale, is reported as an adjunct asset on the balance sheet.
Answer the following statement true (T) or false (F)
True
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Which of the following activities or transactions would normally not be accounted for in a capital projects fund?
A. Construction of airport runways financed by revenue bonds and to be repaid from the revenues of the city airport, an enterprise fund. B. Lease of a building to be used as a city office building. C. Construction of a new city jail. D. Construction of a new city park to be maintained primarily from General Fund revenues.
When deciding how to fulfill a purchasing need, a business would most likely find making the product on on its own to be the best option when ________
A) the business does not have the capacity to produce the product B) the product is expected to have rapid technological change C) the business wants to retain a competitive uniqueness D) the product is expected to need frequent servicing E) the product is expected to undergo rapid changes
After concept development, a firm would engage in which stage of developing and marketing a new product?
A) idea screening B) marketing strategy C) business analysis D) product development E) test marketing
Which ratio measures how effectively a company is using assets to generate revenue?
A. Plant assets to long-term liabilities B. Asset turnover C. Inventory turnover D. Net margin