Voodoo EnvyHewlett-Packard is the number one seller of personal computers worldwide. The company has been increasingly more creative in their computer designs following the trend set by Apple Inc. Hewlett-Packard has created a ultra thin laptop called the Voodoo Envy. The laptop is less than a half inch thick and weights less than 3 1/2 pounds. It is priced at $2000. HP created the laptop to compete against Apple's MacBook Air and a model created by the Lenovo Group Ltd. Both these models were priced at around $3000. The MacBook Air does not have removable batteries or a built-in socket for plugging into Ethernet networks. HP's Voodoo envy does have removable batteries and offers an Ethernet port that is part of its power adapter. The Voodoo can also be booted up in
less than five seconds made possible by software developed by HP.Refer to Voodoo Envy. Apple seems to have a success with its MacBook Air. However, not all of Apple's new product efforts have been successful. For example, the Newton Messagepad failed in the marketplace. While a revolutionary product that created the PDA industry, many consumers perceived the product as too big. For success, it is essential to have a good match between product _____ and consumer _____.
A. attributes, demographics
B. trialability, comprehension
C. value, income
D. observability, freedom
E. features, desires
Answer: E
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Mayflower Company had a machine with a cost of $123,000 and accumulated depreciation of $87,000 that was sold at for a gain of $5,000 . What amount of cash was received from the sale?
a. $30,000. b. $36,000. c. $41,000. d. $128,000.
Subsidies to domestic firms may lead to
a. an increase in prices. b. higher volume of exports. c. higher volume of imports. d. increase in welfare of the trading partner.
When preparing the statement of cash flows using the indirect method, the sale of marketable securities would appear as
a. a use of cash in the investing activities section b. a source of cash in the investing activities section c. a use of cash in the financing activities section d. a source of cash in the financing activities section
Typically, each Likert scale item has seven response categories, ranging from "strongly disagree" to "strongly agree."
Indicate whether the statement is true or false