Strategic groups are clusters of firms that share ________ strategies.
A. new
B. similar
C. differing
D. the same
Answer: B
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Which is the first step in most conversational structures?
A. heart of the conversation B. preliminary processing C. closing D. greeting
General-purpose applications are available as _____; that is, they come ready to install from an external storage medium such as a CD or a file downloaded from a vendor's website.
Fill in the blank(s) with the appropriate word(s).
Answer the following statements true (T) or false (F)
1. A criterion for selecting suppliers is their employee head count. 2. In online reverse auctions, the buyers allow suppliers to submit online bids for products/services as specified by the buyer. 3. For the fixed-price contracts, the administrative burden of signing the contract is very high. 4. Planned purchase orders are used for purchases made on approximate dates and in specified quantities when inventories run low. 5. Money spent on indirect materials is not as high as money spent on direct materials, but it can still be significant.
In 2016, its first year of operations, Richmond Corporation reported pretax financial income of $80,000 for the year ended December 31. Richmond depreciates its fixed assets using an accelerated cost recovery method for tax purposes and straight-line depreciation for financial reporting. On assets acquired in 2016, the following are differences between depreciation on the tax return and accounting income during the asset's five-year life:
? ? Tax Depreciation in Excess Enacted ? of Book Depreciation Tax Rates 2016 $18,000 30% 2017 10,000 30% 2018 2,000 35% 2019 (13,000) 35% 2016 (17,000) 40% Assuming no other temporary or permanent differences, which of the following combinations of noncurrent deferred tax liabilitiy and income taxes payable would be included on Richmond's December 31, 2016 balance sheet? ? Noncurrent Deferred Income Taxes Income Tax Liability Payable I.$5,400 $18,600 II.$7,650 $18,600 III.$7,650 $29,400 IV.$5,400 $24,000 ? A. I B. II C. III D. IV