The ________ cost is the amount of cash (or equivalent) that a firm paid to acquire an asset, whereas ________ is the amount the firm would pay if the asset were purchased today

A) historical, current cost
B) present value, current market value
C) historical, current market value
D) realized, present value

Answer: A

Business

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In the graph below, the area between the lines AC and OB to the right of point E represents ________

A) fixed costs B) breakeven point C) operating loss D) operating income

Business

The physical design of letters, numbers and text characters are referred to as what?

A) Graphic designs B) Typeface C) Justified margins D) Ragged margins E) White space

Business