A corporation is only a domestic corporation in its state of incorporation

Indicate whether the statement is true or false


True

Business

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Murphy Corporation's end-of-year balance sheet consisted of the following amounts: Cash $ 35,000 Accounts receivable $ 46,000 Property, plant & equipment 69,000 Long-term debt 41,000 Capital stock 107,000 Accounts payable 22,000 Retained earnings ? Inventory 33,000 What is Murphy's owners' equity balance at the end of the current year?

a. $3,000 b. $120,000 c. $63,000 d. $173,000

Business

Gross profit is not the same as gross margin

Indicate whether the statement is true or false

Business

At the ________ of the consumer purchase decision process, a consumer compares the product with his or her expectations and is either satisfied or dissatisfied.

A. postpurchase stage B. problem recognition stage C. alternative evaluation stage D. purchase decision stage E. information search stage

Business

Sustainability of competitive advantage requires

a. core competencies. b. superior customer benefits. c. unique resources. d. difficult to imitate resources. e. separability.

Business