The demand for flip phones has drastically reduced, and there are only a few consumer electronics companies selling them at extremely low prices. Also, the current buyers of flip phones are mainly categorized under laggards. Which of the following stages of the industry life cycle is the flip phone industry in currently?
A. maturity stage
B. decline stage
C. growth stage
D. commercialization stage
Answer: B
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Cooper Co makes and uses 5,000 components each year in its manufacturing operations. An outside supplier has offered to supply the components to Anderson at $66 per unit. Anderson's production costs are as follows: Direct materials $ 8 Direct labor 32 Variable overhead 12 Fixed overhead (based on normal capacity) 34 If Cooper accepts the order, $8 of fixed overhead per unit will be eliminated
What is the relevant cost to produce one unit? A) $52 B) $60 C) $78 D) $86
Firms communicate the results of their business activities in the annual report to shareholders
Indicate whether the statement is true or false
Which of the following lease conditions would result in a capital lease to the lessee?
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Acting as a surety for the limited partnership makes a limited partner lose his or her limited liability
Indicate whether the statement is true or false