Just compensation is:
A) a question of law
B) a question of fact.
C) set at market value of the taking minus six months.
D) never allowed in states.
B
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Gillette uses ________ pricing when it offers razor handles at a low cost, but places a high markup on the replacement razor blades that fit in the handles
A) optional feature B) two-part C) by-product D) product line E) captive-product
Jim's Jewelry Store orders Sho-Off-brand display racks from Kino's Merchandise Presentation, Inc. Kino's mistakenly ships racks of the wrong size and color, which Jim's rejects and returns via Longroad Shipping Company. During the return, the racks are lost. The loss is suffered by
A. Jim's. B. Longroad. C. Sho-Off. D. Kino's.
Favre Company reports depreciation expense of $51,000 for Year 2. Also, equipment costing $173,000 was sold for a $11,100 loss in Year 2. The following selected information is available for Favre Company from its comparative balance sheet. Compute the cash received from the sale of the equipment. At December 31Year 2Year 1Equipment$665,000? $838,000? Accumulated Depreciation-Equipment 472,000? 555,000?
A. $51,000. B. $71,900. C. $27,900. D. $39,000. E. $50,100.
Two mutually exclusive projects have 3-year lives and a required rate of return of 10.5 percent. Project A costs $75,000 and has cash flows of $18,500, $42,900, and $28,600 for Years 1 to 3, respectively. Project B costs $72,000 and has cash flows of $22,000, $38,000, and $26,500 for Years 1 to 3, respectively. Using the IRR, which project, or projects, if either, should be accepted?
A) Accept both projects B) Select either project as there is no significant difference between them C) Accept Project A and reject Project B. D) Accept Project B and reject Project A. E) Reject both projects