Tina designed a new type of handbag that has proven to be very popular. she begins manufacturing these handbags on a large scale and considers her options for setting up a business to market the bags nationwide. she opts for a distributorship franchise, under which she will: a. license distributors to sell her handbags.

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a

During 2016, nike inc., reported net income of $3,760 million. the company declared dividends of $1,022 million. the closing entry for dividends would include which of the following? select one: a. credit cash for $1,022 million b. credit dividends for $1,022 million c. debit net income for $1,022 million d. credit retained earnings for $1,022 million e. debit dividends for $1,022 million

land, a building and equipment are acquired for a lump sum of $ 1,000,000. the market values of the land, building and equipment are $ 300,000, $ 800,000 and $ 300,000, respectively. what is the cost assigned to the equipment? (do not round any intermediary calculations, and round your final answer to the nearest dollar.)