Identify the accounting concept that describes each situation below. do not use any concept more than once. a. is the rationale for why plant assets are not reported at liquidation value. (do not use the historical cost principle.) choose the accounting concept b. indicates that personal and business recordkeeping should be separately maintained. choose the accounting concept c. ensures that all relevant financial information is reported. choose the accounting concept d. assumes that the dollar is the ""measuring stick"" used to report on financial performance. choose the accounting concept e. requires that accounting standards be followed for all items of significant size. choose the accounting concept f. separates financial information into time periods for reporting purposes. choose the accounting concept g. requires recognition of expenses in the same period as related revenues. choose the accounting concept h. indicates that fair value changes subsequent to purchase are not recorded in the accounts.

Which type of data does your company collect from customers or potential customers? a. positioning datab. market share datac. primary datad. secondary data select the best answer from the choices provided

Suppose the following items were taken from the balance sheet of nike, inc. (all dollars are in millions.) 1. cash $ 2,316.7 7. inventory $ 2,245.6 2. accounts receivable 2,786.2 8. income taxes payable 80.3 3. common stock 2,841.1 9. equipment 1,783.8 4. notes payable 291.2 10. retained earnings 6,162.5 5. buildings 3,959.7 11. accounts payable 2,624.6 6. mortgage payable 1,092.3 perform each of the following. classify each of these items as an asset, liability, or stockholders’ equity, and determine the total dollar amount for each classification. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) cash accounts receivable common stock notes payable buildings mortgage payable inventory income taxes payable equipment retained earnings accounts payable assets $ 13092 liability $ 4088.4 stockholders’ equity $ 9003.6 etextbook and media determine nike’s accounting equation by calculating the value of total assets, total liabilities, and total stockholders’ equity. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) total assets = total liabilities + total stockholders’ equity

What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond