30, 31, and 32 please

30. Consider the following items: - Land - Accounts Receivable - Notes Payable (due in three yean) - Accounts Rayable - Retained Earnings - Prepaid Rent - Deferred Revenue - Buildings - Notes Payable (due in six months) - Bquipment How many of the items listed above are generally longterm assets? A. Two B. Four C. Five D. Three 31. Which of the following is a primary reason a company's book value is less than its market value? A. Land and buildings are valued at their fair value. B. Management recorded erroneous entries. C. Many valuable resources of the company are not recorded as assets. D. Investors tend to be too optimistic about a company's growth opportunities. 32. Extemal decision makers would not look primarily to financial accounting information to assist them in making decisions relating to: A. Compensation of company executives. B. The purchase of stocks and bonds. C. Estimates of the potential for future profits. D. Making loans to the company