In a home sale, which of the following is most likely to be treated as a fixture?
A) A couch
B) A ceiling fan
C) A lawn mower
D) All of the above
B
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Brock Company's financial information is listed below. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit. Assets Cash and short-term investments $ 40,000 Accounts receivable (net) 30,000 Inventory 25,000 Property, plant, and equipment 215,000 Total assets $310,000 Liabilities and Stockholders' Equity Current liabilities $
60,000 Long-term liabilities 95,000 Stockholders' equity—Common 155,000 Total liabilities and stockholders' equity $310,000 Income Statement Sales $90,000 Cost of goods sold 45,000 Gross margin $45,000 Operating expenses 20,000 Net income $25,000 Number of shares of common stock 6,000 Market price of common stock $20 What is the current ratio? a. 1.42 b. 0.78 c. 1.58 d. 0.67
Project documents associated with the integration management knowledge area include
A) project schedule. B) requirement document. C) statement of work. D) activity cost estimates.
It is usually too expensive for personal selling to do the whole promotion job for business products, so mass selling is useful too.
Answer the following statement true (T) or false (F)
Which of the following is a duty of a socially responsible organization toward its customers?
A. Involving consumers when accounting for traditional financial indicators such as earnings B. Using strategies such as planned obsolescence for the organization's growth C. Following laws that prevent anticompetitive behavior such as predatory pricing D. Being involved in competitive practices such as collusion and monopoly