In order to develop a world-class capability, a company should first
A) strive to win market share for specific products.
B) purchase more capital assets to improve profits.
C) hire more people in anticipation of economic downturns.
D) commit to excellence and leadership in capabilities.
E) be maintaining and growing the stock price.
D) commit to excellence and leadership in capabilities.
Explanation: Developing a world-class core capability opens the door to a variety of future opportunities; failure to develop one means being foreclosed from many markets. Strategically, this means that companies should commit to excellence and leadership in capabilities, and strengthen them, before they commit to winning market share for specific products.
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A 10-year corporate bond has an annual coupon of 9%. The bond is currently selling at par ($1,000). Which of the following statements is NOT CORRECT?
A. The bond's yield to maturity is 9%. B. The bond's current yield is 9%. C. If the bond's yield to maturity remains constant, the bond will continue to sell at par. D. The bond's current yield exceeds its capital gains yield. E. The bond's expected capital gains yield is positive.
Sixteen-year-old Trevor has run out of money while on a trip away from home. Mr. & Mrs. Height provide Trevor with food, a place to sleep, and bus fare home in exchange for Trevor's promise to send them $200 when he gets home. Is Trevor's promise enforceable?
In addition to operating systems, e-mail, databases and Web browsers, open source software also includes:
A) hardware. B) machine code. C) software components and objects. D) firmware. E) proprietary software.
On December 31, 2016, Melissa Company's adjusted trial balance contained the following account balances: Sales (net)$175,000 Operating expenses18,000 Unrealized decrease in value of available-for-sale securities10,000 Cost of goods sold100,000 The income tax rate is 30%, and the company had 2,000 shares of common stock outstanding during the year.Required: a.Prepare the income statement for the year 2016 that includes comprehensive income.b.Prepare the income statement for the year 2016 and a separate statement of comprehensive income.
What will be an ideal response?