Other than raw materials and manufacturing overhead, what is the third component of inventories for manufacturing companies? Select one: a. Direct labor b. Indirect labor c. Equipment cost d. Processing cost e. All of the above

An asset is impaired when the assets carrying value is Select one: a. Greater than the sum of discounted expected cash flows. b. Less than the sum of discounted expected cash flows. c. Less than the sum of undiscounted expected cash flows. d. Greater than the sum of undiscounted expected cash flows. e. None of the above The 2013 financial statements of Willamette Valley Vineyards include the following footnote.

The average useful life of Willamettes depreciable assets at the end of fiscal 2013 is Select one: a. 14.2 years b. 34.6 years c. 2.4 years d. 21.7 years e. None of the above

Credit analysis concerns which of the following?

Select one:

a. The price of a companys stock

b. The ability of a company to consistently pay dividends

c. The probability a company will make timely payments

d. An assessment of a companys credit-granting policies

e. None of the above