An adjusted trial balance provides ________
A) a list of accounts and their debit or credit balances after the temporary accounts have been closed
B) a chronological record of transactions
C) a list of financial statement line items and their debit or credit balances that is prepared before recording adjusting entries
D) none of these
D
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Miller agreed in writing to purchase Owner Morgan's property through Broker Gold. Miller deposited with Gold a personal check for $500 towards a purchase price of $65,000. The offer contained the following clause: "Conditioned upon the obtaining of a VA loan for $65,000 for a period of 30 years, payable at approximately $679 per month including interest at the rate of 11% per annum plus taxes and insurance." Which most nearly represents Buyer Miller's option under this purchase transaction:
A: If the $65,000 VA loan is not obtainable, the buyer may renegotiate the terms of the purchase contract if mutually agreeable between buyer and seller; B: If the Certified Real Value (CRV) is less than $65,000, Buyer Miller would be entitled to cancel the transaction; C: If the Certificate of Real Value on the property is $63,000, the buyer could complete the purchase by making an additional $2,000 down payment; D: The buyer could select any of the above.
If 63% of consumers are aware of JM Manufacturers Inc's 3-D television, 38% of that group likes the product's benefit, 54% of that group finds the price acceptable, 21% of that group intend to buy the product, and 48% of that group actually purchase
the product from JM Manufacturers, then the share potential index for the 3-D television is ________. A) 1.3% B) 2.7% C) 3.4% D) 6.2% E) 10.1%