Which would be classified as personal property?
A. Mineral rights
B. An oil lease for 10 years
C. Fixtures
D. Riparian rights
Answer: B. An oil lease for 10 years
Business
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Financing activities on the statement of cash flows affect the long-term liability and equity accounts
Indicate whether the statement is true or false
Business
Which of the following would not be used by an exporter with a weak home-country currency?
A) Expand product line and add more costly feature. B) Speed repatriation of foreign-earned income. C) Buy advertising, insurance, and other services in home-country market. D) Shift sourcing outside home-country market. E) Exploit marketing opportunities in all markets.
Business