The term market density refers to the number of potential customers per unit of land area, such as per square mile.
Answer the following statement true (T) or false (F)
True
You might also like to view...
A revenue expenditure results in a
a. debit to an expense account. b. credit to an expense account. c. debit to an asset account. d. credit to an asset account.
The accounting equation is ________.
What will be an ideal response?
Cox, North, and Lee form a partnership. Cox contributes $180,000, North contributes $150,000, and Lee contributes $270,000. Their partnership agreement calls for the income or loss division to be based on the ratio of capital invested. If the partnership reports income of $150,000 for its first year, what amount of income is credited to Cox's capital account?
A. $45,000. B. $60,000. C. $64,286. D. $50,000. E. $36,000.
Which of the following statements is FALSE?
A) The option buyer, also called the option holder, holds the right to exercise the option and has a long position in the contract. B) The market price of the option is also called the exercise price. C) If the payoff from exercising an option immediately is positive, the option is said to be in-the-money. D) As with other financial assets, options can be bought and sold. Standard stock options are traded on organized exchanges, while more specialized options are sold through dealers.