The government has the power to force the sale of private property for a public use
a. True
b. False
Indicate whether the statement is true or false
True
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An old machine that originally cost $9,500 thus far has accumulated depreciation of $1,900 . The remaining useful life is four years, with no salvage value at the end of its useful life. A new machine is now available that costs $8,500, with a useful life of five years and no residual value. The old machine could be sold now for $5,900 . The annual cash operating costs for the old machine are
$5,000, but for the new machine they would be only $2,500 . Gross revenue from the products would be $12,000 annually for either machine. The company should a. keep the old machine to avoid a $5,900 loss on its disposal. b. keep the old machine to avoid a $1,700 loss on its disposal. c. replace the old machine. d. keep the old machine to avoid an $8,500 decrease in cash.
Acmell Lawnmowers Inc. sells its mowers to retailers at different prices depending on whether they are independent stores or members of a national chain. In this scenario, the companyindulges in _____
a. penetration pricing b. price skimming c. price discrimination d. predatory pricing
To create an enforceable contract, which of the following is(are) needed?
A) Agreement and consideration B) Agreement, consideration, and contractual capacity C) Agreement, consideration, contractual capacity, and a lawful objective D) Agreement
The ________ is a market derived interest rate used to discount the future cash flows of the bond
A) coupon rate B) semiannual coupon rate C) yield to maturity D) compound rate