Dixon Company has the following items recorded on its financial records:
Available-for-sale securities $200,000
Prepaid expenses 400,000
Treasury stock 100,000
The total amount of the above items to be shown as assets on Dixon’s statement of financial position is

A. $400,000
B. $600,000
C. $500,000
D. $700,000

Why does the united states government provide tax breaks related to the amount of money companies spend on research and development? a. to provide incentives for companies to conduct research and development to allow antitrust authorities b. to challenge joint research efforts c. to protect the right of inventors d. to produce and sell their inventions e. to involve less government scrutiny than a government funded project

True or false: on january 1, year one, the epstein corporation buys a plot of land with a four-story office building. the company believes the building is worth $1.9 million and has an estimated life of twenty years (with no anticipated residual value). the straight-line method is used. the land has an assessed value of $100,000. because the seller was interested in a quick sale, epstein was able to buy this land and building for $1.7 million. depreciation expense to be recognized in year one is $80,750.

Why should managers invest any excess cash