When land is purchased to construct a new building, the cost of removing any structures on the land should be charged to the building account.

a. True

b. False?

Effective promotions can do a lot to guarantee a business's success. true or false?

im is haggling with a car dealer on the price of a used car. If the dealer is getting a bonus per sale made, in addition to the commission, Jim is more likely to be able toa. Walk away from the dealb. Get the car cheapc. All of the aboved.

Lucy's Swimwear Boutique offers swimwear that is targeted at affluent people who can afford to buy expensive, handmade swimsuits. Which of the following approaches to market segmentation is Lucy's Swimwear Boutique using? A. No market segmentationB.

Suppose a mutual fund yielded a return of 14% last year. The risk-free rate was 5% last year and the stock market return was 10% last year. Its CAPM alpha (α) is 0. What is beta (β) for the mutual fund in the CAPM?

The cost to produce tooth paste has increased by 1000%. This has caused the price to quadruple, but the demand has remained the same. Based on the information provided, is this product elastic or inelastic?

The same person opens incoming mail and posts the accounts receivable subsidiary ledger.

George failed to pay $5,000 of income tax due with the filing of his return, which was timely filed on April 15th. He waits until June 10th after April 15th to pay the tax. How much will his penalties be?

On November 1, 2019, Juno, Inc. declared a dividend of $3.00 per share on common stock. Juno, Inc. has 10,000 shares of common stock outstanding and 20,000 shares of preferred stock.

Fallon Corporation reports net income of $370,000. Accounts Receivable balances at the beginning and end of the year were $40,000 and $48,000, respectively. Beginning and ending Inventory balances were $60,000 and $54,000, respectively.

An asset was purchased for $60,000 and originally estimated to have a useful life of 10 years with a residual value of $3,000.