If a business is considering whether to replace old equipment with newer equipment, the cost of operating the old equipment, compared to the cost of operating the new equipment, is relevant to the business decision
Indicate whether the statement is true or false
TRUE
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A glitzy shopping mall, a mail-order catalog, a television shopping network, and an e-commerce Web site are all examples of ________
A) marketing concepts B) value chains C) monopolies D) marketplaces E) strategic business units
A company that uses the perpetual inventory system sold goods to a customer for cash for $3,500. The cost of the goods sold was $600. Which of the following journal entries correctly records this transaction?
A) Cost of Goods Sold 3,500 Sales Revenue 3,500 B) Cash 3,500 Sales Revenue 3,500 Cost of Goods Sold 600 Merchandise Inventory 600 C) Accounts Receivable 3,500 Cash 3,500 Cost of Goods Sold 600 Merchandise Inventory 600 D) Merchandise Inventory 3,500 Sales Revenue 3,500
TRUE or FALSE: A merger announcement induces a substantial positive abnormal return on the acquiring firm's stock (approximately 20%, on average), while the target firm's stockholders are either unaffected or sustain small losses, on average
a. TRUE b. FALSE
Apple, Inc. custom orders the microprocessors for its iMac, iPhone, and iPad. Intel makes chips for the iMac and Samsung produces Apple-designed chips for the iPhone and iPad. Intel and Samsung work with Apple to minimize costs for each of them while maximizing quality, ultimately giving customers good value for their money. This is an example of a(n)
A. make-buy decision. B. symbiotic partnership. C. supply partnership. D. exclusive dealing. E. reciprocal agreement.