Susan visits the office of a local attorney to have a will drawn up. she has never hired an attorney before, but thinks that this particular attorney is doing a good job based on his professional demeanor and fancy office. susan’s hiring of the attorney is best described as a purchase.
a. qualitative
b. search
c. experience
d. credence

Being an expert problem solver is something you're either born with or not. true or false

Lincoln company has an accounting policy for internal reporting purposes whereby the costs of any research and development projects that are over 70 percent likely to succeed are capitalized and then depreciated over a five-year period with a full year of depreciation in the year of capitalization. in the current year, $400,000 was spent on project one, and it was 55 percent likely to succeed, $600,000 was spent on project two, and it was 65 percent likely to succeed, and $900,000 was spent on project three, and it was 75 percent likely to succeed. in converting the internal financial statements to external financial statements, by how much will net income for the current year have to be reduced? a. $180,000b. $380,000c. $720,000d. $900,000

Compute the cost of not taking the following cash discounts. (use a 360-day year. do not round intermediate calculations. input your final answers as a percent rounded to 2 decimal places.)