A property that has been rented for 180 days and used for personal use for 16 days should be categorized as:
A. personal/rental
B. primarily personal
C. primarily rental
D. all of these are correct
Answer: C
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In which of the following situations would a firm most likely pursue a low-cost leader strategy?
A) There are no competitors in the market and the firm is the market leader. B) The nature of its products does not allow the firm to maintain a volume advantage in the market. C) The company's product is a niche product and appeals to only a few customers. D) The market is quality-sensitive rather than price-sensitive. E) The firm can minimize its operational expenses in order to sell higher volumes of products.
The media, groups and individuals that influence others in the MPR process are known as connectors
Indicate whether the statement is true or false
[The following information applies to the questions displayed below.] On January 1, Year 1, Niagara Corporation arranges a $6,000 line of credit with Centennial Bank. It accepted the bank's offer of 1% above the prime rate with interest payments on December 31 of each year. All borrowings and repayments are to take place on January 1 of each year.Niagara records the first year's interest payment on December 31, Year 1. Centennial's prime rate is 4% for Year 1. Which of the following shows the effect of this event on the elements of the financial statements? Assets=Liab.+Stk.EquityRevenue?Expense=Net Inc.Stmt. ofCash FlowsA.(100)=NA+(100)NA?100=(100)(100)OAB.(100)=(100)+NANA?NA=NA(100)FAC.(80)=(80)+NANA?NA=NA(80)FAD.(80)=NA+(80)NA?80=(80)(80)OA
A. Option A B. Option B C. Option C D. Option D
GNI is the total market value of all goods and services provided in a country's economy in a year by both residents and nonresidents of that country.
Answer the following statement true (T) or false (F)