In which of the following cases does a class action occur?
A. There are no factual disputes to be decided by the jury.
B. The defendant has multiple grounds for appeal.
C. A group of plaintiffs collectively brings a lawsuit against a defendant.
D. The plaintiff does not reply to the defender's cross-complaint.
Answer: C
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Tarkington Beers, Inc purchased the most popular and well-known pub in a college town. Its purchase price was $1,200,000 . The appraisers determined that the land should be valued at $400,000, the building at $500,000 and the equipment at $200,000 . Which of the following statements is correct?
a. Tarkington Beers, Inc. should record only the appraised value of the assets. b. Tarkington Beers, Inc. needs to adjust the value of the assets in proportion to their appraised value so that the total of the assets equals the purchase price. c. Tarkington Beers, Inc. paid too much for the business and needs to record a loss. d. Tarkington Beers, Inc. needs to record goodwill of $100,000.
Karl Lipton is marketing communications coordinator for a major electronics manufacturer. He is assigned with charting out a communications strategy for a new range of mobile phones developed by his company
How will Karl's communications strategy look like over the course of the mobile phones' life cycle?
Atlanta Company sold equipment for cash. The income statement shows a gain on the sale of $1020. The net book value of the asset was $3810. Which of the following statements describes the cash effect of the transaction?
A) negative cash flow of $4830 for financing activities B) negative cash flow of $2790 for operating activities C) positive cash flow of $4830 from investing activities D) positive cash flow of $2790 from investing activities
What is core competency? Explain how core competency is related to competitive advantage and give an example of how a core competency gives an organization a competitive advantage in today's highly competitive business environment.
What will be an ideal response?