Answer:
1.C 2.D 3.A 4.E 5.G 6.A 7.G 8.H 9.E 10.B
Explanation:
Interest expense is classified under expenses in the Income statement.
Assets such as patents, trademarks fall under intangible assets.
Assets such as inventory and prepaid rent fall under current assets, which are assets that are cash already or can easily be converted into cash within a year.
Land held for investment is classified as long term investment, which is investment that a company will hold for more than a year. To make it easier to remember you should think of land as a non current asset which is an asset that takes longer than a year to be converted into cash.
Accumulated depreciation is classified under Property, Plant and Equipment because these are the assets that depreciate.
Your payable accounts will be classified as current liabilities because the amounts are outstanding in other words you owe the amount.
Retained earnings are part of the shareholders' equity because it is the net income from the business operations. In addition the dividends amount is deducted from retained earnings.
Answer:
D
Explanation:
Treasury stocks are shares reacquired by the corporation.
It is a <em>contra account</em> for stockholder's equity, which shows a <em>debit</em> balance in the general ledger.
Treasury stock is the difference between the number of shares <em>issued</em> and number of shares <em>outstanding</em>.
Answer:
Supplier relationship management
Explanation:
Supplier relationship management, is all about interacting with and managing third-party vendors that provide services, goods and materials to an organization. you choose Suppliers are chosen because of their cost-efficiency and easy to work with to maximize the value of the relationship.This is what Betty is trying to incorporate in the system.
Answer: (A) Antitrust
Explanation:
Antitrust is one of the type of law that basically monitor the economical power distribution in terms of business.
It is basically refers to the competitive law which is developed by the united state government for protecting the consumers from the various types of business practices.
It mainly ensure that the fairness in the competition in the market. Antitrust concerns are mainly focus on the institutional acquisitions and the alliances.
Therefore, Option (A) is correct.
<span>Which markets compete in non-price competition? The companies and brands that compete in non-price competition are brands that are known, name brands with those that are generic. Even though generic brands are known for being cheaper, most brand-name goods sell more products because of their name. </span>
