The Pure Drug Company produces insulin, a product with a very stable demand, even though the price has changed several times in the past two years. Insulin is a product with ________ demand
A) joint
B) service
C) inelastic
D) elastic
E) fluctuating
C
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The programmer's authority table will specify the libraries a programmer may access
Indicate whether the statement is true or false
Price discrimination is allowable under the Robinson-Patman Act if _____
a. price differences can be justified by differences in costs b. large retailers exert bargaining power c. large retailers threaten to produce their own brand d. products have different brand designations
When evaluating the cash flows associated with a capital budgeting project, the shipping and installation costs associated with the purchase of an asset are included in the computation of the:
A. initial investment outlay, because these expenses are part of the project's depreciable basis. B. incremental operating cash flows, because shipping and installation costs represent expenses that must be written off annually over the life of the project. C. terminal cash flows, because these expenses are not paid until the end of the project's life. D. sunk costs, because these expenses do not affect any cash flows associated with purchasing the project. E. project's opportunity cost, because these costs increase the potential of the project.
On January 1, 2018, a company issues 3-year bonds with a face value of $220,000 and a stated interest rate of 7%. Because the market interest rate is 5%, the company receives $231,981 for the bonds.Required:Fill in the table assuming the company uses effective-interest bond amortization. (Round your answers to the nearest whole dollar.)Period EndedCash PaidInterest ExpenseAmortized PremiumBonds PayablePremium on Bonds PayableCarrying Value????????????????????????????
What will be an ideal response?