For purposes of analysis, mixed costs are generally:
A) classified as fixed costs
B) classified as variable costs
C) classified as period costs
D) separated into their variable and fixed cost components
D
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Palmon Industries owns an investment that experienced a decline during 2019 that has been judged to be "other than temporary". The investment is held in Palmon's available-for-sale debt securities portfolio, and Palmon expects to sell the impaired security before recovery of its amortized cost basis less current-period credit loss. The debt security was purchased in March 2018 at a cost of $460,000. At the end of 2018, the fair value of the investment was $520,000 and its amortized cost basis was $454,000. At the end of 2019, the fair value of the investment is $410,000 and its amortized cost is $448,000. What amount of loss will Palmon Industries report on its income statement for the year ending December 31, 2019 related to this investment?
A. an unrealized loss of $44,000. B. an unrealized loss of $50,000. C. an unrealized loss $110,000. D. an unrealized loss of $38,000.
Manufacturer's representatives are a firm's senior sales employees.
Answer the following statement true (T) or false (F)
The problem with a constant-payout-ratio dividend policy from the shareholders' perspective is that ________
A) it pays constant dividend irrespective of the earnings of a firm B) if the firm's earnings drop, the dividends tend to be lower C) even when earnings are low, the company must pay a fixed dividend D) there is no uniformity in this type of dividend policy
Which of the following is not an example of explicit knowledge?
A. Trademark B. Marketing research C. Employee opinion D. Patent