Willoughby Inc, a large chain of superstores, sources its products from thousands of suppliers who have limited product differentiation
The products stored at the superstores are also available at smaller convenience stores with a marginal price differentiation. In this case, which of the following competitive forces is most likely to be a threat to the company?A) threat of substitutions
B) bargaining power of suppliers
C) threat of new entrants
D) bargaining power of customers
D
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The formula to calculate units-of-production depreciation is ________
a. (Cost ? residual value) × (Rate based on the year / Sum of the years) b. (Cost ? residual value) / Total units of production c. (Cost ? residual value) / Useful life d. (Cost ? Accumulated depreciation at the beginning of year) × Double-depreciation rate
All checks are time instruments
Indicate whether the statement is true or false
_______ of CEOs and ___________ of investment professionals included in the study agree that environmental, social, and governance activities create value for shareholders in normal economic times.
a. One third; one quarter b. Three quarters; one fifth c. Two thirds; three quarters d. Three quarters; two thirds
Perry Inc. and Dally Company entered into an exchange of real property. Here is the information for the properties to be exchanged. PerryDallyFMV$500,000 $530,000 Adjusted tax basis 410,000 283,000 Mortgage 70,000 100,000 Pursuant to the exchange, Perry assumed the mortgage on the Dally property, and Dally assumed the mortgage on the Perry property. Compute Perry's gain recognized on the exchange and its tax basis in the property received from Dally.
A. $100,000 gain recognized; $410,000 basis in the Dally property. B. No gain recognized; $410,000 basis in the Dally property. C. No gain recognized; $440,000 basis in the Dally property. D. None of the choices are correct.