Pursuing a strategy of _____ reduces an organization's dependence on any one of its business activities and thus reduces economic risk.

A. single-product
B. single-service
C. divestiture
D. related diversification
E. trade restraint


Answer: D

Business

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On January 1, Year 1, Milton Manufacturing Company purchased equipment with a list price of $27,000. A total of $2000 was paid for installation and testing. During the first year, Milton paid $3000 for insurance on the equipment and another $600 for routine maintenance and repairs. Milton uses the units-of-production method of depreciation. Useful life is estimated at 100,000 units, and estimated salvage value is $4000. During Year 1, the equipment produced 14,000 units. What is the amount of depreciation for Year 1?

A. $4480 B. $4004 C. $3500 D. $3920

Business

Minerva told Prudence that Prudence could park her farm tractor on Minerva's land but only for one month. Two months later, Minerva is annoyed because the farm tractor is still on her land; and Prudence refuses to move it. Which of the following causes of action, if any, would Minerva have against Prudence?

a. Trespass b. Nuisance c. Negligence d. Trespass and nuisance, but not negligence

Business

Eccentric behavior means that the testator cannot have testamentary capacity

Indicate whether the statement is true or false

Business

A _________ is a sequence of voltage pulses that may be transmitted over a wired medium; for example, a constant positive voltage may represent binary 0, and a constant negative value may represent binary 1

Fill in the blanks with correct word

Business