U.S. GAAP authoritative guidance requires that financial statements report depreciation charges based on _____ estimates; in practice, the _____ method is the most common

a. aggressive; straight-line (time)
b. reasonable; straight-line (time)
c. aggressive; straight-line (use)
d. reasonable; straight-line (use)
e. reasonable; accelerated


B

Business

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Competitors are most likely to react to a price change, when ________

A) the firm has a weak value proposition B) the firm enjoys a monopoly C) there are few competing firms D) the product is heterogeneous E) buyers have limited information

Business

A company's time to market is the speed with which it ________ a product.

Fill in the blank(s) with the appropriate word(s).

Business

Farnsworth mailed Jessie a letter stating that he is willing to sell her an antique desk for $2,500 but does not stipulate the mode of acceptance. Jessie wishes to accept this offer. Which of the following modes will result in a valid acceptance?

a. A telegram b. Fax machine c. Letter d. All of these

Business

Clay offers to pay Dorianne $50 for a golf lesson for Estee. They agree to meet the day after tomorrow to exchange the cash for the lesson. These parties have

A. a bilateral contract. B. a trilateral contract. C. a unilateral contract. D. no contract.

Business