Which of the following costs should be excluded from research and development expense?
a. Modification of the design of a product
b. Acquisition of R & D equipment for use on a current project only
c. Cost of marketing research for a new product
d. Engineering activity required to advance the design of a product to the manufacturing stage
Answer: c. Cost of marketing research for a new product
Business
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Three properties are each valued at 120,000. The first property has a loan of 95,000, the second has a loan of 60,000, and the third has no liens. The property with the highest leverage is the
A) one with no liens. B) the one with the 60,000 loan. C) the one with the 95,000 loan. D) both properties with loans
Business
Radio has the advantage of intimacy, where the DJ talks directly to the listener
Indicate whether the statement is true or false
Business