Janet is the business manager for Greenville Auto Mart. She buys a new car from the dealership for $35,000 . The basis of the car to the dealership was $30,000 . The car lists for $42,00, but the dealer would sell the car for $40,000 . What is Janet's basis in the new car?
a. $30,000
b. $35,000
c. $40,000
d. $42,000
e. $47,000
c
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The distinctive yellow and blue "hands held high" logo of a local daycare distinguishes it from other establishments. The logo is prominently displayed on its building, t-shirts worn by the children, and at fundraising events. The daycare has differentiated itself through ________.
A) image B) people C) services D) channels E) positioning
Trade discounts are usually deductions from the total amount of the invoice
Indicate whether the statement is true or false
Alfrieda purchased an ownership interest in a corporation. This gives her the right to use the equipment owned by the corporation, as long as her usage does not interfere with the normal operation of the business
a. True b. False Indicate whether the statement is true or false
Which of the following actions could be acceptable if the purpose is to prevent a company from
going bankrupt? A) Merger with another firm B) Price fixing and setting a price floor C) Price fixing D) Merger with another firm and resale price maintenance E) Resale price maintenance