Which of the following is not included in continuing operations?
A) gain on sale of machinery
B) a segment of a business that has been discontinued
C) cost of goods sold
D) losses due to lawsuits
B
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A focused educational system is an example of a generalized factor
Indicate whether the statement is true or false
Regardless of strategy, the best way to maintain success is ______.
a. provide better quality and value than your competitors b. invest in good marketing campaigns c. constantly innovate and look for new market niches d. hire and retain quality employees
A company paid $200,000 ten years ago for a specialized machine that has no salvage value and is being depreciated at the rate of $10,000 per year. The company is considering using the machine in a new project that will have incremental revenues of $28,000 per year and annual cash expenses of $20,000. In analyzing the new project, the $200,000 original cost of the machine is an example of a(n):
A. Incremental cost. B. Variable cost. C. Out-of-pocket cost. D. Opportunity cost. E. Sunk cost.
Nevada passed a law banning all commercial billboards along state highways to improve the appearance of the environment. If this law were to be challenged, which of the following would a court examine to determine if the law is constitutional?
A)It would have to be established that the law furthers an interest of the state of Nevada to create a more aesthetically pleasing environment. B)It would have to be shown that the law directly and materially advances the state's goal of a more aesthetically pleasing environment. C)It would have to be shown that the law reaches no further than necessary to promote the state goal. D)All of the above.