In monopolistic competition, managers sometimes try to differentiate very similar products by relying on promotion or other elements of the marketing mix.
Answer the following statement true (T) or false (F)
True
In monopolistic competition, marketing managers sometimes try to differentiate very similar products by relying on other elements of the marketing mix.
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Sand engaged in operations at the start of 2018 and reported $550,000 in pre-tax book income for the year. Tax depreciation for Sand exceeded book depreciation by $50,000. The tax rate for 2018 was 30%, and Congress had enacted a tax rate of 20% for the years after 2018.What is the deferred tax liability for Sand at December 31, 2018?
A. $15,000 B. $20,000 C. $40,000 D. $10,000
Identify the correct statement about a straight rebuy
A) It is a very complex process. B) A long time frame is required for this process. C) The current supplier is in an advantageous position in a straight rebuy. D) It takes place while purchasing expensive and seldom-purchased products.
Judith is a CPA with an excellent reputation and client base. She sells her tax preparation business to Shawn, and the sales contract includes a noncompete clause restricting Judith from opening a similar business for two years within a 10-mile radius of her former office. If she opens a tax preparation office five miles away after one year, a court would probably:
a. grant an injunction barring her from operating the new office. b. order confiscation of all of her new client files and turn them over to Shawn. c. refuse to become involved, as the noncompete clause was illegal. d. refuse to enforce the noncompete clause, as it is unreasonable regarding time and geographic area.
Sanctions are the means by which the law enforces the decisions of the courts.?
Indicate whether the statement is true or false