Which Porter strategy deals with competing in an industry on the basis of products to the consumer?
A) Value added
B) Low cost producer
C) Product differentiation
D) Product Focus
B
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Which of the following statements is correct about the use of the net present value (NPV) method and the internal rate of return (IRR) method for capital budgeting decisions??
A. ?The NPV method assumes that cash flows will be reinvested at the required rate of return while the IRR method assumes reinvestment opportunity at the IRR. B. ?The NPV method assumes that cash flows will be reinvested at the risk-free rate while the IRR method assumes reinvestment at the required rate of return. C. ?The NPV method assumes that cash flows will be reinvested at the required rate of return while the IRR method assumes reinvestment at the risk-free rate. D. ?The NPV method assumes that cash flows are not influenced by the inflation rate while the IRR method uses a rate of return after inflation adjustment. E. ?The NPV method assumes that the project generates no cash flows beyond the payback period while the IRR method assumes no cash flow in the first year of the life of a project.
Jake Roberts of Roberts Construction is planning to buy a piece of used earth-moving equipment. He would most likely base his purchase decision on ____ of the alternative machines.
A. descriptions B. inspections C. a sampling D. specifications E. reputations
A basic premise of federal income tax law is that an expense is deductible unless the Internal Revenue Code specifically prohibits the deduction.
Answer the following statement true (T) or false (F)
Itemized deductions are listed on Schedule
a. A. b. B. c. C. d. D. e. F.