Strategic sourcing refers to purchasing involving long-term contracts that usually are based on private negotiations between sellers and buyers

Indicate whether the statement is true or false


TRUE

Business

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Bledsoe Company acquired $17,000 cash by issuing common stock on January 1, Year 1. During Year 1, Bledsoe earned $8,500 of revenue on account. The company collected $6,000 cash from customers in partial settlement of its accounts receivable and paid $5,400 cash for operating expenses. Based on this information alone, what was the impact on total assets during Year 1?

A. Total assets increased by $20,100. B. Total assets did not change. C. Total assets increased by $600. D. Total assets increased by $26,100.

Business

Constructive abandonment of a trademark can occur through the trademark lapsing into genericism

a. True b. False Indicate whether the statement is true or false

Business

You were recently hired by Scheuer Media Inc. to estimate its cost of capital. You obtained the following data: D1 = $1.75; P0 = $115.00; g = 7.00% (constant); and F = 5.00%. What is the cost of equity raised by selling new common stock?

A. 9.98% B. 10.49% C. 8.52% D. 8.60% E. 7.05%

Business

In case of infringement of a trademark, suit may be brought under the Lanham Act

a. True b. False Indicate whether the statement is true or false

Business