A and B enter into a contract on January 1 of this year. A's friend C tells A, "The law generally restricts the time within which an action can be brought by either party to a contract." C's statement is:
a. false.
b. true because of statutes of limitations.
c. true because of the law of repudiation.
d. true because of covenants not to sue.
b
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Segmented pricing is only effective when ________
A) the segments show similar degrees of demand B) the cost of segmenting does not exceed the revenue obtained from the price difference C) the segmented prices do not reflect real differences in customers' perceived value D) the customers of different socio-economic classes are treated according to their rank E) companies make their services and products accessible exclusively to wealthy patrons
People who want growth in their investment should invest in:
a. savings accounts b. corporate bonds c. young or rapidly expanding companies d. blue-chip stocks e. NOW accounts
A grocery store provides samples of cheeses and crackers while customers wait in line. This is an example of?
a. Complementary services b. Reservations c. Demand sorting d. Pricing policies/promotions
Logan, Inc is evaluating two possible investments in depreciable plant assets
The company uses the straight-line method of depreciation. The following information is available: Investment A Investment B Initial capital investment $101,000 $151,000 Estimated useful life 10 years 10 years Estimated residual value 0 $20,000 Estimated annual net cash inflow for 10 years $28,000 $47,000 Required rate of return 12% 12% Calculate the payback period for Investment A. (Round your answer to two decimal places.) A) 2.22 years B) 2.89 years C) 1.00 year D) 3.61 years