A “new product" can be new to the world, to the market, to the producer or seller, or some combination of these. True or False

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is

The mayflower, a seafood restaurant, had the following liabilities by the end of 2015: accounts payable $60,000 wages payable $100,000 unearned revenue $125,000 (60% will be earned in 2016) notes payable $140,000 ($45,000 payable in 2016) what is the amount that the mayflower should report as total current liability on its balance sheet as of december 31, 2015?

What criteria does a company have to meet to be considered a monopoly?