16) Minerals, timber and coal are: a] amortized b] depleted. [e) depreciated. (d expensed 7 Which of the following would NOT be considered an intangible asset [A] Goodwill B] Franchise [C] Land D] Copyright 1S) An obligation dependent upon an event that has not yet occurred is an example of a(n): [A] contingent liability (B] estimated liability. [C] known liability D] accrued liability 191 Bonds that are backed by collateral are: A] unsecured bonds. B] convertible bonds. C] callable bonds. IDI D] secured bonds. The rate of interest that investors are willing to receive for similar bonds of risk at the current time is the [10] rate of interest. [A] stated [B] market