Because private causes of action have proved to be adequate to recompense and prevent environmental damage, the federal, state, and local governments have chosen to create few statutes designed to protect the environment
Indicate whether the statement is true or false
False
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The chief disadvantage to a firm that decides to follow a product specialization strategy in selecting target markets is that ________
A) no synergy exists B) logistics can become a nightmare C) the product may be supplanted by an entirely new technology D) competitors can easily copy any new product introductions E) e-commerce becomes difficult for the company
James Company buys 100 percent of the outstanding stock of Maier Company for $650,000 . Maier Company has contributed capital of $420,000 and retained earnings of $180,000 . The fair market value of Maier's identifiable net assets was equal to their book value on the date of acquisition. The consolidated financial statements would contain
a. neither minority interest nor goodwill. b. goodwill but not minority interest. c. minority interest but not goodwill. d. minority interest and goodwill.
Vega Enterprises has computed the following unit costs for the year just ended: Direct material used$12 Direct labor 18 Variable manufacturing overhead 25 Fixed manufacturing overhead 29 Variable selling and administrative cost 10 Fixed selling and administrative cost 17 Under variable costing, each unit of the company's inventory would be carried at:
A. $84. B. $65. C. $35. D. $55. E. None of the answers is correct.
Which of the following is an example of product-use-based segmentation?
A) Happy Horses is a therapeutic riding school that teaches horseback riding to children with physical and mental disabilities. To find its customer base, Happy Horses looks to schools for special-needs children. B) Carla sells golf-cart-style carts not just to country clubs. She also sells to zoos and animal parks, as well as airports. Some carts are sold with covers, some without, some with back seats, some without, depending on each customer's needs. C) A manufacturer of small television sets that mount to treadmills and exercise bicycles targets gyms and health resorts in its marketing. D) Wind Farm is a small wind farm set up by a Georgia peanut farmer who had extra acreage to use as he wished. Two local peanut processing plants are very pleased that they can benefit from the electricity he generates, paying less to him than they would to the other power company that services the area. E) Here You Go rents portable toilets to construction companies and large vegetable growers who rent many toilets at one time.