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1. Which is NOT a fixed asset? a. airplane b. trademark c. equipment d. land 2. Which company has the highest percentage of fixed

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1. Which is NOT a fixed asset? a. airplane b. trademark c. equipment d. land 2. Which company has the highest percentage of fixed assets? a. Microsoft Corporation b. Target Corporation c. Facebook, Inc. d. McDonald's Corporation 3. Fixed assets considered a long-term commitment because of their a. cost. b. classification under total assets. c. commitment to the monitoring program. d. infrequent use.

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