Intangible costs include ______.
A. distribution costs
B. utilities cost
C. lack of customer responsiveness to the company’s business
D. taxes
C. lack of customer responsiveness to the company’s business
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If Sun Company acquired Star, Inc. many years ago in a pooling of interests transaction, the entry would have used which one of the following to account for the pooling?
A. Book value of Star's assets B. Future value of Star's assets C. Fair value of Star's assets D. Net present value of Star's assets
Stratosphere Manufacturing Company sold plant assets at a gain of $205,000 less related taxes of $62,500 . Assuming the gain is not considered unusual or infrequent, Stratosphere's income statement for the period should report
a. a prior period adjustment net of applicable taxes, $142,500. b. an extraordinary item net of applicable taxes, $142,500. c. a gain of $205,000 and an increase in income tax expense of $62,500. d. operating income net of applicable taxes, $142,500.
"What is the break-even point?" is what type of product screening issue?
a. Product b. Competition c. Financials d. "What is the break-even point?" is not a product screening issue
___________ can be variable when a quantity discount is offered.
What will be an ideal response?