Dial Soap's advertising slogan "Aren't you glad you use Dial? Don't you wish everybody did?" exemplifies the use of ____ advertising.
A. reinforcement
B. offensive
C. comparative
D. institutional
E. defensive
Answer: A
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Which of the following correctly describes the accounting treatment for interest payable?
A) It is shown on the balance sheet as a current liability. B) It is shown on the income statement as an operating expense. C) It is shown on the balance sheet as a current asset. D) It is shown on the balance sheet as a long-term liability.
Consumers have physical products that they possess repaired or altered with _____ services
a. owned-goods b. repair c. rented-goods d. nongoods
What six elements must be present for the crime of larceny to exist?
A firm has a profit margin of 15 percent on sales of $20,000,000. If the firm has a debt of $7,500,000, total assets of $22,500,000, and an interest cost on a total debt of 5 percent, what is the firm's return on total assets (ROA)? (Round answer to two decimal places.)
A. 8.47% B. 10.94% C. 12.02% D. 13.33% E. 15.18%