When used for classification purposes, the ________ scaled numbers serve as labels for classes or categories
A) ordinally
B) intervally
C) nominally
D) ratio scale
C
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Parallel importing is a product development strategy that is commonly used by marketers in the European community
Indicate whether the statement is true or false
Which of the following is unique to export-import brokers, differentiating them from general brokers?
A. They earn a commission from whichever party hired them when the transaction is completed. B. The broker's product is information about what buyers need and what supplies are available. C. They specialize in bringing together buyers and sellers from different countries. D. They usually have a temporary relationship with the buyer and seller while a particular deal is negotiated. E. They are especially useful when buyers and sellers do not come into the market very often.
Sunk costs are:
A) opportunity cost. B) costs that will occur in the future. C) not relevant. D) costs that can be avoided.
Presented below are the financial balances for the Boxwood Company and the Tranz Company as of December 31, 2017, immediately before Boxwood acquired Tranz. Also included are the fair values for Tranz Company's net assets at that date. Boxwood Tranz Co. Tranz Co.?(all amounts in thousands) Book value Book value Fair value 12/31/2017 12/31/2017 12/31/2017Cash$870 $240 $240 Receivables 660 600 600 Inventory 1,230 420 580 Land 1,800 260 250 Buildings (net) 1,800 540 650 Equipment (net) 660 380 400 Accounts payable (570) (240) (240)Accrued expenses (270) (60) (60)Long-term liabilities (2,700) (1,020) (1,120)Common stock ($20 par) (1,980) Common stock ($5
par) (420) Additional paid-in capital (210) (180) Retained earnings (1,170) (480) Revenues (2,880) (660) Expenses 2,760 620 ??Note: Parenthesis indicate a credit balance??Assume a business combination took place at December 31, 2017. Boxwood issued 50 shares of its common stock with a fair value of $35 per share for all of the outstanding common shares of Tranz. Stock issuance costs of $15 (in thousands) and direct costs of $10 (in thousands) were paid to effect this acquisition transaction. To settle a difference of opinion regarding Tranz's fair value, Boxwood promises to pay an additional $5.2 (in thousands) to the former owners if Tranz's earnings exceed a certain sum during the next year. Given the probability of the required contingency payment and utilizing a 4% discount rate, the expected present value of the contingency is $5 (in thousands).?Compute consolidated revenues immediately following the acquisition. A. $1,170. B. $3,540. C. $4,050. D. $2,880. E. $1,650.