Which of the following is a similarity between goods and services?
A) mass production
B) consistency
C) automation
D) Both have quality standards.
E) Both can usually be kept in inventory.
D
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Paris, Inc. holds 100 percent of the common stock of Stockholm Company, an investment acquired for $520,000. Immediately following the combination, Paris's net assets have a book value of $900,000 and a fair value of $1,050,000. The book and fair value of Stockholm's net assets on the date of combination are $350,000 and $425,000, respectively. Immediately following the combination, a consolidated balance sheet is prepared.Based on the information given above, what will be the amount of net assets reported in the consolidated balance sheet?
A. $1,420,000 B. $900,000 C. $1,250,000 D. $1,325,000
A firm pursuing a sales objective is more likely to try to satisfy a market segment (instead of a mass market or multiple segments)
Indicate whether the statement is true or false
In fixed-period ordering technique, ______.
A. the order interval is fixed B. the order quantity is variable C. both the order interval is fixed and the order quantity is variable D. neither the order interval is fixed nor the order quantity is variable
Writing quickly so that you can get your thoughts down and refine them in later versions is known as ________
Fill in the blank(s) with correct word