Which of the following accounts is a permanent account?
A) Interest Expense
B) Gain on Sale of Equipment
C) Patents
D) Bad Debt Expense
Answer: C
Business
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The gross rent multiplier for most single-family residences in the Northside neighborhood is 268. What is the market value of a house using that GRM, if the house rents for $1,975 per month?
a. $736,940 b. $525,350 c. $529,300 d. $568,800
Business
The notion of the "long tail" is most aptly applied to sales in which industry?
A. Athletic shoes B. Movies and music C. Flower bouquets D. Magazine subscriptions E. None of the Above
Business