Distribution costs can be very low for digital products because there is often no physical good to distribute.
Answer the following statement true (T) or false (F)
True
Distribution costs can be very low for digital products (music, video games, and software) because there is often no physical good to distribute and they can travel over the Internet at little or no cost.
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During 2016, Debbie Company incurred $240,000 in legal fees in defending a patent with a carrying value of $4,500,000 against an infringement. Debbie's lawyers were not successful with the defense of the patent. The legal fees should be
A) expensed in 2016 and classified as ordinary expense. B) classified as an extraordinary item on the income statement for 2016. C) capitalized and amortized over the remaining legal life of the patent. D) capitalized and amortized over the remaining economic life or legal life of the patent, whichever is shorter.
Answer the following statements true (T) or false (F)
1. The predominant model of unionism in the U.S. is business unionism. 2. Business unionism works within the capitalist system by focusing on securing labor's "fair share" of profits, rather than seeking broad scale social change. 3. The servicing model of unionism is one in which employees play an active role in voicing their opinions and making decisions about how the union should expend its energies and resources. 4. Job control unionism values worker participation in management decision making. 5. Job control unionism developed as a response to tight managerial control and arbitrary decision-making that was common in mass production settings during much of the 20th century.
The various hedging alternatives explored (the forward, money market, and purchase option hedges) only work to protect the value of the exposed asset at the time of maturity
Indicate whether the statement is true or false.
Distinguish between the two models of circulation for business publications.
What will be an ideal response?