All of the following are classified as definitely determinable liabilities except

A) sales tax payable.
B) estimated property tax payable.
C) the current portion of long-term debt.
D) unearned revenue.


B

Business

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In oligopolistic industries, all firms normally charge the same price. What kind of a pricing method are they said to be following?

What will be an ideal response?

Business

In a typical health-care organization, the medical error rates range ______.

A. from 67 to 309 per trillion opportunities B. between two sigma and three sigma C. to one error per second per hospital D. to one error per physician per procedure per day

Business

Johnson Business Solutions, Inc., maintains one sales force for its copy machines and a separate sales force for its computer systems. Johnson Business Solutions utilizes a ________ sales organization

A) product line B) industry C) territorial D) key accounts E) complex

Business

Exhibit Duckett Group The Duckett Group is trying to determine its optimal average cash balance. The firm has determined that it will need $5,000,000 net new cash during the coming year. The fixed transaction cost of converting securities to cash is $50, and the firm earns 10 percent on its marketable securities investments. Refer to Exhibit Duckett Group. What will be the total cost to Duckett of maintaining the optimal average cash balance, as determined by the Baumol model?

A. $35,356 B. $7,071 C. $18,493 D. $70,711 E. $53,190

Business