A firm compares its actual performance against its potential performance in _____
a. benchmarking
b. scenario analysis
c. gap analysis
d. opportunity cost analysis
c
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The journal entry used to record the payment of a discounted note is
a. debit Notes Payable and Interest Expense; credit Cash b. debit Notes Payable; credit Cash c. debit Cash; credit Notes Payable d. debit Accounts Payable; credit Cash
On May 1, Knox Inc purchases $100,000 of 10-year, 6% Madison Corporation bonds dated March 1 at 100 plus accrued interest. What entry would Knox record when purchasing the bonds?
Assigning a weight to each measure of competitive strength assessment is generally analytically superior because
A. it singles out which competitor has the most competitively potent core competencies. B. an unweighted ranking does not discriminate between companies with high and low market shares. C. a weighted ranking identifies which competitive advantages are most powerful. D. weighting each company's overall competitive strength by its percentage share of total industry profits produces a more accurate measure of its true competitive strength. E. all of the various measures of competitive strength are not equally important.
Joan insures her house (with a market value of $50,000, not including $10,000 for the foundation and lot) with a $30,000 insurance policy calling for 80% co-insurance
A fire causes $10,000 worth of structural damage valued at replacement cost. Considering only the information provided, what amount is she likely to collect from the insurance company? A) $10,000 B) $7,500 C) $6,000 D) $5,000