The intangible assets with indefinite lives such as trademarks and goodwill are examined periodically to check for ________

a. impairment
b. amortization
c. depreciation
d. depletion


a

Business

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Herb promises to provide his customers with "pens and pencils that are both professional and personal." This is Herb's ________

A) USP B) target market C) vision statement D) brand positioning statement E) product proposition

Business

A title for goods obtained by a seller through fraud, impersonation, or a dishonored check is referred to as a(n) ________

A) unenforceable title B) voidable title C) conditional title D) unequivocal title

Business

Which item below is not one of the five basic dimensions of personality?

a. Openness to experience b. Meticulousness c. Neuroticism d. Extraversion

Business

A company's warehouse contents were destroyed by a flood on September 12. The following information was the only information that was salvaged: 1. Inventory, beginning: $28,700 2. Purchases for the period: $17,700 3. Sales for the period: $55,700 4. Sales returns for the period: $770  The company's average gross profit ratio is 33%. What is the estimated cost of the lost inventory?

A. $31,088.00. B. $28,273.10. C. $46,400.00. D. $9596.90. E. $45,400.00.

Business