Which of the following terms refers to businesses that emulate the dominant design and enter the market after letting another firm invest in developing the technology, establishing the design standard, and initiating market development?
A) pioneers
B) first-movers
C) market leaders
D) early followers
E) technological leaders
D
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Which one of the following phrases is least desirable when describing an amount received from a sale of stock in excess of the par value of the stock?
A) paid-in capital in excess of par value B) capital surplus C) additional paid-in capital on preferred stock D) contributed capital in excess of par value
All extreme values result from errors and point to problems with the data
Indicate whether the statement is true or false
Consider each of the accounts listed in the table below.Required: Indicate how the balance of each account will be increased and decreased by entering the word "Debit" or "Credit" into the appropriate column. AccountIncreased byDecreased by1)Accounts receivable??2)Service revenue??3)Common stock??4)Cash??5)Salaries expense??6)Notes payable??7)Dividends??8)Prepaid rent??
What will be an ideal response?
Which of the following actions could INCREASE a firm's working capital gap?
A) reduce the age of inventory B) increase the age of accounts payable C) increase the age of accounts receivable D) All actions listed would increase a firm's working capital gap.