When writing a backgrounder, it is important to include ________
A) comparative information about a competitor's product
B) details about a product's history and its current relevance
C) persuasive concepts regarding the use of a firm's product
D) personal opinions about an organization and its products
E) extensive statistics and data about an organization's products
B
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Depreciation is a process of allocation, not of valuation
Indicate whether the statement is true or false
At its inception, Peacock Company purchased land for $50,000 and a building for $220,000. After exactly 4 years, it transferred these assets and cash of $75,000 to a newly created subsidiary, Selvick Company, in exchange for 25,000 shares of Selvick's $5 par value stock. Peacock uses straight-line depreciation. When purchased, the building had a useful life of 20 years with no expected salvage value. An appraisal at the time of the transfer revealed that the building has a fair value of $250,000.Based on the information provided, what amount would be reported by Peacock Company as investment in Selvick Company common stock?
A. $250,000 B. $345,000 C. $301,000 D. $125,000
In regards to culture, what have mental models allowed us to do?
a. Gain a better understanding of cultural demographics b. Gain a better understanding of social categorization c. Gain a better understanding of culturally related variation and thinking styles d. Gain a better understanding of societal differences
Spontaneously generated funds are generally defined as follows:
A. Assets required per dollar of sales. B. A forecasting approach in which the forecasted percentage of sales for each item is held constant. C. Funds that a firm must raise externally through borrowing or by selling new common or preferred stock. D. Funds that arise out of normal business operations from its suppliers, employees, and the government, and they include spontaneous increases in accounts payable and accruals. E. The amount of cash raised in a given year minus the amount of cash needed to finance the additional capital expenditures and working capital needed to support the firm's growth.