Many European automobile manufacturers, such as Fiat and Skoda, have taken a keen interest in
the developing Asian markets of India and China, and have begun offering their best-selling car
models in these markets. This is an attempt to ________.
A) add distinctive functionality to make offerings stand out from the rest
B) deliver their offerings to customers in a different way
C) sell new products and services to existing groups of customers
D) target new segment not already dominated by competitors
D
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Which of the following statements regarding leases is false?
a. Lease agreements are a popular form of financing the purchase of assets because leases do not require a large initial outlay of cash. b. Accounting recognizes two types of leases—operating and capital leases. c. If a lessor classifies a lease as a capital lease, then the lessee records a lease liability on its balance sheet. d. If a lease is classified as an operating lease, the lessee records a lease liability on its balance sheet.
Additional paid-in capital represents?
A) ?the value of earnings not paid out as dividends. B) ?the difference between contributed capital and earned capital. C) ?the value of repurchased treasury stock. D) ?the difference between par value and market value .
Which of the following statements is CORRECT?
A. Sunk costs must be considered if the IRR method is used but not if the firm relies on the NPV method. B. A good example of a sunk cost is a situation where a bank opens a new office, and that new office leads to a decline in deposits of the bank's other offices. C. A good example of a sunk cost is money that a banking corporation spent last year to investigate the site for a new office, then expensed that cost for tax purposes, and now is deciding whether to go forward with the project. D. If sunk costs are considered and reflected in a project's cash flows, then the project's calculated NPV will be higher than it otherwise would be. E. An example of a sunk cost is the cost associated with restoring the site of a strip mine once the ore has been depleted.
A person who takes a negotiable instrument for value, in good faith, and without notice that it is defective or overdue is referred to as a(n) ________
A) holder B) holder in due course C) unqualified indorser D) assignee