Which of the following is not a requirement for a valid deed?
A)?Purchase price
B)?Description
C)?Writing
D)?Signature of grantor
A
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A corporation uses the indirect method for preparing the statement of cash flows. A fixed asset has been sold for$25,000 representing a gain of $4,500 . The value in the operating activities section regarding this event would be
a. $25,000 b. $(4,500) c. $29,500 d. $4,500
Which ratio is helpful in understanding whether the relationship between cash and marketable securities is reasonable in relation to current assets or total assets?
a. Lease expense/Total fixed assets b. Total liabilities/Total assets c. Cash/Marketable securities d. Current assets/Total assets
When using common-size statements,
a. data may be selected for the same business as of different dates, or for two or more businesses as of the same date. b. relationships should be stated in terms of ratios. c. dollar changes are reported over a period of at least three years. d. All of these are correct.
Because Sony has so many different product offerings in various types of electronics, management has found that it is helpful to use brands to keep track of products in each type. Thus, it has different brand names for its televisions, DVD players, and portable music players. Which company brand role does this example illustrate?
A. helping reassure the customer in the purchase decision B. offering legal protection for a product through trademark C. providing competitors with a benchmark against which to compete D. offering an effective and efficient methodology for categorizing products E. educating the customer about a product