Extraordinary repairs:
a. Are additional costs of plants assets that do not materially increase the asset's life.
b. Are expensed when incurred.
c. Are revenue expenditures.
d. Are credited to accumulated depreciation.
e. Extend the useful life of an asset beyond its original estimate.

What preforms the best over the long term? a) bonds b) mutual funds c) stocks d) certificate of deposit

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position

Which of the following tends to result in a decrease in the selling price of houses in an area? a. an increase in the population of the city or town. b. an increase in the labor costs of construction. c. an increase in the income of new residents in the city or town. d. an increase in mortgage interest rates.