Which of the following is an internal source for new product ideas?
A) competitors
B) company executives
C) marketing research firms
D) trade magazines
E) government agencies
B
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What are the five components necessary to account for investments in available-for-sale securities?
What will be an ideal response?
Opportunity emerges from favorable project circumstances and risk from unfavorable events
Indicate whether the statement is true or false
Great Plains Bank provides a loan to enable Helene to buy real property. This loan is
A. a down payment. B. a mortgage. C. a short sale. D. a workout agreement.
Fetzer Company declared a $0.25 per share cash dividend. The company has 360,000 shares authorized, 342,000 shares issued, and 14,400 shares in treasury stock. The journal entry to record the dividend declaration is:
A. Debit Retained Earnings $90,000; credit Common Dividends Payable $90,000. B. Debit Retained Earnings $85,500; credit Common Dividends Payable $85,500. C. Debit Common Dividends Payable $85,500; credit Cash $85,500. D. Debit Common Dividends Payable $81,900; credit Cash $81,900. E. Debit Retained Earnings $81,900; credit Common Dividends Payable $81,900.