Use the current asset section of the balance sheets of the Breeze Company as of June 30,2012 and 2011 presented below to answer the questions that follow.
Definitions:
Rival in Consumption
A characteristic of a good whereby its consumption by one individual prevents simultaneous consumption by other individuals.
Excludable
An excludable good or service is one where it is possible to prevent people who have not paid for it from having access to it.
Television Broadcast
Television broadcast is the dissemination of content via terrestrial, cable, or satellite transmissions to a wide audience with a television receiver.
Not Rival in Consumption
Pertains to a good or service that can be consumed by one individual without reducing its availability to others.
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