The domestic sale of products manufactured under a license that only grants a foreign licensee the right to sell the goods overseas is called gray marketing

Indicate whether the statement is true or false


True

Business

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Brockmeyer, Inc. purchased some equipment on January 1, 2016, for $300,000 that had a five-year useful life and no salvage value. Brockmeyer used double-declining-balance depreciation for both financial reporting and income tax purposes. On January 1, 2018, Brockmeyer changed to the straight-line depreciation method for this equipment and can justify the change. Brockmeyer will continue to use double-declining balance depreciation for income tax reporting. Brockmeyer's income tax rate is 30%. Assuming Brockmeyer's 2018 income before depreciation and tax is $800,000, what is the amount of Brockmeyer's net income for 2018?

A. $534,800 B. $570,800 C. $764,000 D. $800,000

Business

Which of the following is NOT one of the functions of an MPR plan?

A) defining the goals of a specific effort B) articulating a firm's current situation C) surveying media outlets and connectors D) describing how to achieve certain goals E) specifying a method for measuring success

Business

Use _______________ in formal report structure to reinforce major ideas and to strengthen logic and impact

a. the design logic b. the document architecture c. the inherent repetition d. audience's understanding

Business

While incorporating a central selling feature in an application message, two to four paragraphs are normally insufficient for supporting evidence

Indicate whether the statement is true or false

Business