You just watched a commercial in which a popular singer picks up a soda before going on stage. when the singer drinks the soda, he appears to feel more confident. he then looks at the screen and says, "this is the soda i need to make me feel like a star! " what technique has the advertising company used to persuade you to buy the soda?
a.) bandwagon
b.) plain folks
c.) scientific evidence
d.) testimonials

At the end of year 2, retained earnings for the baker company was $3,550. revenue earned by the company in year 2 was $3,800, expenses paid during the period were $2,000, and dividends paid during the period were $1,400. based on this information alone, retained earnings at the beginning of year 2 was:

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.

Which of these is an example of innovation?