The product life cycle can be dramatically different across individual products and product categories, and predicting the exact shape and length of the life cycle is impossible.
Answer the following statement true (T) or false (F)
True
A product life cycle is a pattern of sales and profits that typically changes over time. The life cycle can be dramatically different across individual products and product categories, and predicting the exact shape and length of the life cycle is virtually impossible. See 12-3: Innovation and the Product Life Cycle: Nuts, Bolts, and a Spark of Brilliance
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A paralegal works for a toy manufacturer and there was a product recall. That recall likely came from:
A) Consumer Product Safety Commission. B) Landrum-Griffin Act. C) Occupational Safety and Health Board. D) Food and Drug Administration.
The following statement: "This warranty is in lieu of and excludes all other warranties, express or implied, including the warranty of merchantability," is an attempted___________
Fill in the blank(s) with correct word
On August 1, 2016, David purchased manufacturing equipment for use in his business. The equipment cost $14,000 and has an estimated useful life and MACRS class life of 7 years. No election to expense or use bonus depreciation is made
a. Calculate the amount of depreciation on the manufacturing equipment for 2016 using the accelerated MACRS method and no election to expense or use bonus depreciation is made. b. Calculate the amount of depreciation on the manufacturing equipment for 2016 using the accelerated MACRS method and bonus depreciation used but no election to expense. c. Calculate the amount of depreciation on the manufacturing equipment for 2016 using the straight-line MACRS optional method and no election to expense or use bonus depreciation is made. d.Calculate the amount of depreciation on the manufacturing equipment for 2016 for financial accounting purposes using the straight-line method of depreciation.
A project costs $7 million and is expected to produce cash flows of $2 million per year for 10 years. The opportunity cost of capital is 16 percent. If the firm has to issue stock to undertake the project and issue costs are $0.5 million, what is the project's APV?
A. $2.17 million B. $0.67 million C. $9.67 million D. $1.67 million