In the context of consumer product categories, most people perceive _____ as being so important that they are unwilling to accept substitutes.
A. installations
B. convenience products
C. accessory equipment
D. specialty products
Answer: D
You might also like to view...
Nora enters into a contract with Oceanic Transport, Inc, to insure and ship a painting from France to the United States for a certain price. But Oceanic makes a mistake in adding the costs, which results in a contract price that is $1,000 less than the true cost. Most likely, a court would
a. allow the parties to rescind the contract. b. award damages to Nora for the mistake. c. award damages to Oceanic for the mistake. d. enforce the contract as is.
Long term liabilities include all of the following except
A) the amount due on a credit card. B) the mortgage on a home. C) three year car loan. D) a student loan.
Garth Corporation donates inventory having an adjusted basis of $40,000 and an FMV of $150,000 to a qualified public charity. The inventory will be used by the charity to care for the ill. The maximum charitable contribution deduction before consideration of the 10% limitation is
A) $40,000. B) $55,000. C) $80,000. D) $95,000.
The Fluffy Coin Laundry purchased new dryers for $112,000. Freight charges were $640, and installation amounted to $1,200. The dryers are expected to last 5 years and have a residual value of $4,000. The laundry elects to use the double-declining method of depreciation. What is the depreciation for year 2? (Round to the nearest dollar)