All of the following are estimated liabilities except

a. liability for vacation pay.
b. payroll liabilities.
c. product warranty liability.
d. property tax liability.


B

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ACL and IDEA are two prominent examples of which of the following?

A. ITF. B. DBMS. C. EAM. D. GAS.

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________ segmentation divides buyers into different segments based on social class, lifestyle, or personality characteristics

A) Benefit B) Occasion C) Geographic D) Demographic E) Psychographic

Business

At December 31, 20x5, the book value per share of common stock of Camino Corporation amounted to $21 per share. Determine the effect of each of the following items on the book value per share of common stock computation assuming each item occurs after December 31, 20x5. Consider each item independently of the other items listed. Indicate your answer for each (I = increase, D = decrease, or NE =

no effect) in the appropriate blank. _____ 1. Sale of newly issued shares of common stock at $23 per share _____ 2. Purchase of treasury stock for $16 per share _____ 3. Declaration of current cash dividends on preferred stock _____ 4. Declaration and distribution of stock dividends on common stock _____ 5. Sale of treasury stock (purchased at $16 per share) for $19 per share _____ 6. Entry to close net income for the period to the Retained Earnings account _____ 7. Dividends in arrears on preferred stock _____ 8. Purchase of a truck with cash _____ 9. Payment of a previously declared and recorded cash dividend on common stock Fill in the blank(s) with correct word

Business

"I've never seen flavored marshmallows this size before!" Alice squealed as she emptied the shelves at the local grocery store

The rest of the shoppers would have to make do with the other seventy bags of miniature and standard-size marshmallows during this winter's hot chocolate festival. For Alice, the jumbo size feature is an order winner. Indicate whether the statement is true or false.

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