Question
1. Which of the following is not going to be listed as an asset on a balance sheet? (a) Googles corporate headquarters (b) Ford Motor
1. Which of the following is not going to be listed as an asset on a balance sheet?
(a) Googles corporate headquarters
(b) Ford Motor Companys expected payments from dealerships for purchases of cars $$
(c) The $42 billion in Facebooks bank accounts at year-end.
(d) A valuation of Coca-Colas brand
2. When we common size accounting statements
i. On the balance sheet, each item is expresses as a percentage of total assets
ii. On the income statement, each item is expressed as a percentage of total revenue
iii On the balance sheet, each item is expressed as a percentage of total revenue
iv. On the income statement, each item is expressed as a percentage of total assets
(a) i and ii
(b) iii and iv
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