Only the Internet provides advertisers with the ability to engage in narrowcasting.

Answer the following statement true (T) or false (F)


False

Narrowcasting involves delivering programming to a specific group defined by demographics and/or program content, rather than mass appeal. Television offers narrowcasting opportunities especially through cable channels, such as ESPN and HGTV.

Business

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Mariposa Corporation had a Retained Earnings balance on January 1, 20x4, of $936,000; declared cash dividends during 20x4 in the amount of $159,900, of which $39,000 were not paid until 20x5; and reported an ending balance of Retained Earnings of $1,326,000. Based on these facts alone, net income for 20x4 for Mariposa Corporation must have been

A) $211,900. B) $419,900. C) $510,900. D) $549,900.

Business

Harrti Corporation has budgeted for the following sales:   July$446,800?August$581,800?September$615,900?October$890,900?November$739,000?December$699,000?Sales are collected as follows: 10% in the month of sale; 60% in the month following the sale; and the remaining 30% in the second month following the sale. In Razz's budgeted balance sheet at December 31, at what amount will accounts receivable be shown?

A. $850,800 B. $699,000 C. $629,100 D. $221,700

Business

Which of the following is not correct regarding the provisions of IAS No. 8 on accounting changes and error corrections?

a. IAS No. 8 requires that results from prior periods be presented for all changes in accounting principles. b. IAS No. 8 allows a change in accounting principle to be accounted for by reflecting the cumulative effect of the change in the income of the current period without restating prior-period results. c. Under IAS No. 8, the recommended approach for a change in accounting principle is that results from prior periods should be restated. d. IAS No. 8 requires a change in accounting estimate to be reflected in the current and future periods.

Business

Answer the following statements true (T) or false (F)

The equity method is the required reporting method for all less-than-majority owned companies.

Business