Which of the following assets would not be classified as a hot asset?
A. Depreciation recapture.
B. Accounts receivable for a cash-method taxpayer.
C. Cash.
D. Inventory.
Answer: C
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Anders wishes to open a new landscaping company that will have no services that are particularly distinctive compared to competitors in this well-established field; because of the need for trucks and equipment, the business will require a sizable investment. In which part of the entrepreneurial strategy matrix is new company likely to be located?
A. lower-right quadrant B. upper-right quadrant C. center D. upper-left quadrant E. lower-left quadrant
A performance report compares actual cost with budgeted costs
Indicate whether the statement is true or false
Which of the following is not a suggested step when formulating an objective function?
a. Identifying a set of non-negativity constraints b. Defining whether the goal is to maximize or minimize the objective function c. Identifying contribution coefficients d. Creating the equation for the objective function
Customer value
A. becomes less important as competition increases. B. is the same thing as low price. C. affects a customer's relationship with a firm before and after a sale. D. is greater if costs exceed benefits. E. None of these answers is correct.