Residual income is used as a key performance indicator for evaluating an investment center's financial performance
Indicate whether the statement is true or false
TRUE
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Which of the following steps is typically the next step after establishing specific objectives and allocating resources in the strategic retail planning process?
A. Defining the business mission B. Evaluating performance and making adjustments C. Developing a retail mix to implement the strategy D. Conducting a SWOT analysis E. Identifying strategic opportunities
Dominik Corporation purchased a machine 5 years ago for $527,000 when it launched product M08Y. Unfortunately, this machine has broken down and cannot be repaired. The machine could be replaced by a new model 310 machine costing $545,000 or by a new model 240 machine costing $450,000. Management has decided to buy the model 240 machine. It has less capacity than the model 310 machine, but its capacity is sufficient to continue making product M08Y. Management also considered, but rejected, the alternative of dropping product M08Y and not replacing the old machine. If that were done, the $450,000 invested in the new machine could instead have been invested in a project that would have returned a total of $532,000. In making the decision to buy the model 240 machine rather than the model
310 machine, the sunk cost was: A. $450,000 B. $545,000 C. $527,000 D. $532,000
Suppose that a friend asks you to drive him to the airport this weekend so he can catch a flight. He pays you for the gas used driving to the airport, and for the cost of parking the car at the airport while you help him in with his bags. He then declares that you are now "even," since he has fully compensated you for any costs you incurred in helping him get to his flight. From your perspective, what aspects of the "price" of taking your friend to the airport has he omitted?
What will be an ideal response?
Under the Constitution as amended, suffrage (or the right to vote in U.S. political elections), is not available to
a. adult women. b. foreigners with work visas. c. adult men. d. persons in the military.