This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is incorrect regarding the balance sheet? a. Net worth is the difference ... (Read 62 times)

Alygatorr01285

  • Hero Member
  • *****
  • Posts: 564
on: Jun 29, 2018
Which of the following is incorrect regarding the balance sheet?
 a. Net worth is the difference between what the company owns and what the company owes.
 b. Prepaid expenses, part of current assets, can be liquidated within a year.
 c. Depreciation of current assets should be avoided to maintain asset value.
 d. Net worth is the sum of owner's investments and the reinvested profits.
 e. Goodwill is included mainly when the retailer purchases an existing business.

Question 2

In the statement: If we add 1.5 million of cable TV ads to our promotion strategy for this product line, we will increase the number of units sold by 10 percent next year, what is the independent variable?
 a. Units sold
 b. Percent change
 c. Product line
 d. Cable TV ad dollars


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Dinolord

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 29, 2018
Answer to Question 1

c

Answer to Question 2

d


Alygatorr01285

  • Member
  • Posts: 564
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

AmberC1996

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Difference between Asian (left) and African (right) elephant ears. Difference between Asian (left) and African (right) elephant ears.
To maintain balance the bipedal pelvis has a foreshortened ilium and is broader and bowl-shaped. The To maintain balance the bipedal pelvis has a foreshortened ilium and is broader and bowl-shaped. The
Pablo Picasso, Guitar, Sheet Music, and Wine Glass. Pablo Picasso, Guitar, Sheet Music, and Wine Glass.
A sample flow sheet. A sample flow sheet.
Vaccine Information Sheet (VIS) provided by the CDC for the varicella vaccination. Vaccine Information Sheet (VIS) provided by the CDC for the varicella vaccination.
(A) Unwrap each of the layers until the client is covered by just the plastic sheet and the towels ... (A) Unwrap each of the layers until the client is covered by just the plastic sheet and the towels ...
Video: Basic rhythm - control centers in medulla oblongata, spirograph and normal tidal cycle

For a complete list of videos, visit our video library