A binding constraint means that the constraint is exactly satisfied, and its left-hand side does not equal its right-hand side
Indicate whether the statement is true or false
FALSE
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What is most likely a strategic benefit of the existence of competitors?
A) Competitors seldom lead to product differentiation. B) Competitors help legitimize new technologies. C) Competitors exclusively serve more-attractive segments. D) Competitors fracture the target market. E) Competitors decrease the total demand.
Bonds usually sell at a premium
a. when the market rate of interest is greater than the stated rate of interest on the bonds. b. when the stated rate of interest on the bonds is greater than the market rate of interest. c. when the price of the bonds is greater than their maturity value. d. in none of these cases.
A business recorded the purchase of supplies on account. Recording the transaction will:
a. increase an asset, increase a liability. b. decrease an asset, decrease a liability. c. increase an asset, increase owner's equity. d. decrease an asset, decrease owner's equity. e. increase one asset, decrease another asset
A company has the following accounts receivable payment history Paid in the month of sale 10% Paid in the month following sale 30% Paid in the second month following sale 40% Paid in the third month following sale 10% Which of the following actions might increase the cash receipts over the coming year?
A) Allow customers longer to pay their accounts receivable balances. B) Turn uncollectible accounts over to a collection agency with a proven history of success. C) Give a cash discount to customers who already pay in the month of sale. D) All of these. E) None of these.