Ria, a college sophomore, writes a daily blog that typically has over 50,000 readers each week. Ria is an example of a microcelebrity

Indicate whether the statement is true or false


TRUE

Business

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When a company receives interest revenue on a long-term investment in bonds, ________.

A) long-term assets decrease B) long-term assets increase C) equity increases D) current assets decrease

Business

Deceptive promotion includes practices such as misrepresenting the product's ________

A) price or packaging B) features or performance C) size or quantity D) wholesale or retail price E) packaged contents

Business

A company has two different products that are sold in different markets. Financial data are as? follows: Product A Product B Total Revenue ?$15,000 ?$9,400 ?$24,400 Variable cost ?(7,000) ?(9,800) ?(16,800) Fixed cost? (allocated) ?(3,000) ?(2,100) ?(5,100) Operating income? (loss) ?$5,000 ?$(2,500) ?$2,500 Assume that fixed costs are all unavoidable and that dropping one product would not impact sales of the other. If Product B is? dropped, what would be the impact on total operating income of the? company?

Business

Lower of cost or market refers to the going price of the seller's goods to its customers

Indicate whether the statement is true or false

Business