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1. There are several indicators of a firm's performance. For example, Net profit trend, market share trend, balanced scorecard, etc. Provide a comparative discussion of the three indicators mentioned above.

2. Beaver Corp. purchased earthmoving equipment worth $169,999 on credit. On the balance sheet, this purchase will be shown as a(n) _____. prepaid expense account receivable account payable accrued revenue deferred revenue.

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