Trademarks or trade names
A) ?must be renewed every 35 years.
B) ?can be considered intangibles with indefinite lives.
C) ?are developed internally and thus should not have any related costs capitalized and amortized.
D) ?are synonymous with internally developed goodwill.
B
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Armando Company owns 15,000 of the 50,000 shares of common stock outstanding of Tito Company and exercises a significant influence over its operating and financial policies. The investment should be accounted for by the
A) equity method B) market method C) cost or market method D) cost method
Sweet Company's outstanding stock consists of 1,000 shares of cumulative 5% preferred stock with a $100 par value and 5,000 shares of common stock with a $10 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends. Dividends Declared & Paidyear 1$2,000year 2$6,000year 3$32,000The total amount of dividends paid to preferred and common shareholders over the three-year period is:
A. $10,000 preferred; $30,000 common. B. $5,000 preferred; $35,000 common. C. $15,000 preferred; $25,000 common. D. $12,000 preferred; $28,000 common. E. $11,000 preferred; $29,000 common.
The marketing concept was very quickly accepted, especially among producers of industrial commodities like steel and glass.
Answer the following statement true (T) or false (F)
Bagels n'Pastries, Inc, makes and sells a variety of bread products. Bagels n' Pastries's product packages must include
a. the company owner's identity. b. the contents' net quantity. c. the restaurants and stores in which the product is sold. d. the type of consumer most likely interested in the product.