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Which of the Following Are Examples of Cyclical Industries

question 86

Multiple Choice

Which of the following are examples of cyclical industries?
I.Maytag
II.Computer chip manufacturers
III.Kellogg's Frosted Flakes
IV.Pfizer


Definitions:

Straight Line Amortization

A technique for distributing the expense of an intangible asset evenly over its lifespan in yearly increments.

Goodwill

The intangible asset that arises when a company acquires another company for more than the fair value of its net identifiable assets.

Consolidated Balance Sheet

A financial statement showing the financial position of a company and its subsidiaries as one single entity.

Current Liabilities

Short-term financial obligations that are due within one year or within the normal business cycle of a company.

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