A product whose revenues do not cover its variable costs and its traceable fixed costs should usually be dropped.
Answer the following statement true (T) or false (F)
True
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Departmental operating expenses can be classified as direct and indirect
Indicate whether the statement is true or false
_____ occurs when customers purchase new technologies to replace older technologies.
a. Technology cycles b. Technological substitution c. S-Curve Pattern of Innovation d. Innovation Streams e. Technological Discontinuity
A company has bonds outstanding with a par value of $140,000. The unamortized premium on these bonds is $3500. If the company retired these bonds at a call price of 98, the gain or loss on this retirement is:
A. $2800 loss. B. $3500 loss. C. $2800 gain. D. $3500 gain. E. $6300 gain.
You go to your favorite restaurant and select a complete dinner from the menu presented to you. The waiter does not discuss price and you do not ask. Has a contract been formed?