Some degree of variability is present in almost all processes
Indicate whether the statement is true or false
TRUE
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On April 2, Reid Inc., a calendar year taxpayer, paid a $750,000 lump-sum price to purchase a business. The appraised FMVs of the balance sheet assets were:Accounts receivable?$ 38,000??Inventory?415,000??Fixtures and equipment? 147,000????$ 600,000??Which of the following statements is false?
A. Reid's amortization deduction for the current year is $7,500. B. Reid may amortize the $150,000 cost for both book and tax purposes. C. Reid must capitalize $150,000 of the cost as purchased goodwill. D. None of the above is false.
Explain blue ocean strategy with the help of an example.
What will be an ideal response?
Under the UCC, good faith means devoutly religious.
Answer the following statement true (T) or false (F)
Yellow Pages advertising has witnessed a decline because
A. it does not create any awareness for an advertiser's products and services. B. it fails to stimulate demand for an advertiser's products or services. C. consumers have turned to search and online directories to seek information. D. consumers consider it an unethical marketing practice. E. it lacks credibility and dependability.