When shipping large amounts of bulk products such as forest products, coal, sand, or rock over large distances, a company should choose large trucks because of their low cost per ton shipped
Indicate whether the statement is true or false
FALSE
You might also like to view...
A price skimming strategy is most often used for a new product when
A. competition in the market is abundant. B. customers are unwilling to spend a large amount of money on the product. C. the supply of the product is greater than its demand. D. the product is perceived by the target market as having unique advantages.
Bright House wants Madhukar to buy the full gamut of entertainment products, and the more he buys-digital television, premium channels, downloadable movies, local and long-distance phone service, cellular service, high-speed Internet-the better the deal becomes compared to the total of the individual prices of each product. Bright House is using a ________ strategy.
A. price bundling B. product line pricing C. reference pricing D. captive pricing E. prestige pricing
An accountant who willfully violates Section 11 of the 1933 Securities Act may be liable for civil but not criminal sanctions
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. A calendar-year taxpayer places in service one new piece of equipment this year on March 1. The asset cost $600,000. For this first year, the taxpayer will base the depreciation deduction on 10 months. 2. MACRS recovery property includes tangible personal and real property that is used in a trade or business. 3. Under the MACRS system, automobiles and computers are classified as seven-year property. 4. In computing MACRS depreciation in the year of disposition of personal property used in a trade or business, the half-year convention must be applied to the amounts in the tables if the half-year convention was used in the year the asset was placed into service. 5. Intangible assets are subject to MACRS depreciation.