A challenge of market segmentation is estimating a firm's potential profits if it focuses on the whole market or only on specific segments.
Answer the following statement true (T) or false (F)
True
Part of the challenge of market segmentation is estimating the profits the company might realize if it (1) aims at the whole market or (2) caters only to specific segments.
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A seller with voidable title can transfer good title to a good faith purchaser for value
Indicate whether the statement is true or false
Which of the following would NOT be included in a producer's total fixed cost?
A. component parts B. rent C. depreciation D. insurance E. property taxes
Pleasantville Company had the following balance sheet on January 1.
? On January 2, Carrs Company came to an agreement to purchase Pleasantville by acquiring all of its outstanding shares for $575,000 in cash. On that date in time, the fair value of their inventory was $150,000, and the fair value of the equipment was $225,000. The book value is accurate as of January1, and was equal to fair value. ? Cash ? ? $ 175,000 Accounts Payable $ 57,000 Inventory ? ? 157,000 Notes Payable 250,000 Property, plant, and equipment 200,000 Mortgage Payable 150,000 Patent ? ? 25,000 Retained Earnings 100,000 ? ? ? $ 557,000 ? ? $ 557,000 ? Required: 1.) Compute the goodwill associated with the purchase of Pleasantville.2.) Prepare the journal entry necessary at January 1, to record the acquisition of Pleasantville. What will be an ideal response?
A contractor that is entering a similar but new field should plan a smaller profit to increase chances of winning the project
a. True b. False Indicate whether the statement is true or false