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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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