The export and import process can entail red tape and bureaucratic delays. In an effort to facilitate exports, countries are designating certain areas as:
A) import control zones.
B) special tariff zones.
C) global business zones.
D) free trade zones.
E) duty free zones.
D
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________ pricing refers to selling below cost with the intention of punishing a competitor or gaining higher long-run profits by putting competitors out of business
A) Oligopolistic B) Captive C) Dynamic D) Zone E) Predatory
A company has computed that their "margin" is .18. Which of the following statements is the best interpretation of these results?
A) $.18 of every $1 invested in assets is net profit. B) $.18 of every $1 made in sales is profit. C) Every $1 invested in assets generates $.18 in sales revenue. D) Every $1 invested in assets generates $.18 of segment margin.
A law firm provides legal services for clients who do not pay immediately. There is no effect on the counting equation until the client pay for the services
Indicate whether the statement is true or false
Jackson Incorporate purchased a truck for $36,000. The truck had a useful life of 150,000 miles over 4 years and a $6,000 salvage value. Jackson drove the truck 40,000 miles in Year 1 and 24,000 miles in Year 2. If Jackson uses the units-of-production method, what is the accumulated depreciation at the end of Year 2?
A. $4,800 B. $12,800 C. $8,000 D. $16,000