Trading securities are valued on the balance sheet at
a. lower of cost or market.
b. cost.
c. market value.
d. cost, adjusted for the effects of interest.
C
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Which of the following characteristics is most likely to be the more sustainable competitive advantage?
A. Ability to get scarce merchandise B. More employees C. Bigger warehouses D. Extended hours of operation E. Greater assortment of merchandise
InLinK Inc incurred a cost of $ 48,000 for material, $20,000 for labor, and $60,000 for factory overhead. There was no beginning or ending work in process. 8,000 units were completed and transferred out. The unit cost for material is:
a. $ 6.0 b. $ 7.5 c. $ 8.0 d. $15.0
The fundamental dilemma of foreign trade is being unwilling to trust a stranger in a foreign land
Indicate whether the statement is true or false.
Which of the following would not be a good method of asset allocation?
A) Restrict your portfolio to stocks B) Include bonds C) Include real estate D) Include mutual funds