Huron Has Provided the Following Year-End Balances

question 59

Multiple Choice

Huron has provided the following year-end balances:
Cash,$25,000
Patents,$7,900
Accounts receivable,$9,300
Property,plant,and equipment,$98,700
Prepaid insurance,$3,600
Accumulated depreciation,$10,000
Inventory,$37,000
Trademarks,$12,600
Goodwill,$11,000
How much are Huron's current assets?

• A)$85,900.
• B)$71,300.
• C)$74,900.
• D)$102,100.

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Definitions:

Saturation Effect

A phenomenon where, after a certain point, an increase in some stimulus does not lead to a further change in response.

Foot-In-The-Door Effect

A persuasion technique that involves getting a person to agree to a large request by first setting them up by agreeing to a modest request.

Foot-In-The-Door Technique

A persuasion strategy where compliance with a small request is followed by a larger request, leveraging the principle of consistency to increase the likelihood of agreement to the second request.

Telemarketer

An individual who markets goods or services to potential customers over the telephone.