The cost of retained earnings is generally higher than both the cost of debt and cost of preferred stock
Indicate whether the statement is true or false
TRUE
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A company's income statement showed the following: net income, $132,000; depreciation expense, $39,000; and gain on sale of plant assets, $13,000. An examination of the company's current assets and current liabilities showed the following changes accounts receivable decreased $11,200; merchandise inventory increased $27,000; prepaid expenses increased $8000; accounts payable increased $5200. Calculate the net cash provided or used by operating activities.
A. $153,400. B. $155,400. C. $139,400. D. $181,400. E. $160,200.
Making every statement in a presentation into a major point is always possible
Indicate whether the statement is true or false
Unlike human experts, expert systems do not need to explain their views, recommendations, or decisions
Indicate whether the statement is true or false
Element Inc manufactures a new range of smartphones to take on incumbent competitors. Element grabs a huge chunk of the market share in its first year because of its feature-rich smartphones
Element's smartphones come with bigger screen sizes, greater memory capacities, and a free online music subscription for two years. The competitors fail to lure customers despite massive price reductions. Which of the following strategies is being used by Element?A) focused niche strategy B) loss leader strategy C) cost leadership strategy D) product differentiation