Router Inc lends $70,000 on a 120-day, 9% promissory note. The total interest that Router will receive at maturity is

Which of the following is considered research and development costs?

a. Planned search or critical investigation aimed at discovery of new knowledge. b. Translation of research findings or other knowledge into a plan or design for a new product or process. c. Neither a nor b. d. Both a and b.

The return on net worth ratio is based on a retailer's _____

a. net profit, fixed assets, and fixed liabilities b. net profit, current assets, and current liabilities c. net profit, net sales, total assets, and net worth d. net profit, total assets, net sales, and net liabilities