The product life cycle is the four stages a new product idea goes through from beginning to end.

Answer the following statement true (T) or false (F)


True

The product life cycle describes the stages a new product idea goes through, from beginning to end. The product life cycle is divided into four major stages.

Business

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Indicate whether the statement is true or false

Business

The Basketball Division of Thunder Sports Enterprises reported the following financial data for the year: Assets available for use $1,200,000 Book Value $1,500,000 Market Value Residual income $108,000 Return on investment 14% Refer to Thunder Sports Enterprises. What was the Basketball Division's segment income?

a. $168,000 b. $125,000 c. $269,000 d. $ 19,000

Business

Galveston Excursons Corporation is considering the purchase of a new ocean-going vessel that could potentially reduce labor costs of its operation by a considerable margin. The new ship would cost $600,000 and would be fully depreciated by the straight-line method over 15 years. At the end of 15 years, the ship will have no value and will be scuttled. Galveston Excursons' cost of capital is 14

percent, and its marginal tax rate is 35 percent. Refer to Galveston Excursons Corporation. What is the present value of the depreciation tax benefit of the new ship? (Round to the nearest dollar.) Present value tables or a financial calculator are required. a. $ 85,991 b. $159,697 c. $210,000 d. $245,688

Business

Company A reports sales of $100,000 and net income of $15,000. Company B reports sales of

$100,000 and net income of $10,000. Therefore A) Company B is creating less value for its shareholders than Company A. B) Company A's cash flow may be higher or lower than Company B's cash flow even though A's net income is higher. C) Company A's cash flow is $5,000 more than Company B's cash flow. D) Company B's accounts receivable must be higher than Company A's accounts receivable.

Business