Assume a payment is made nine months after delivery of a product. The seller is likely to do which of the following, with respect to the time value of money over the life of the contract?

A. Recognize interest expense.
B. Recognize interest revenue.
C. Ignore the time value of money.
D. None of the other answers is correct

Ans: C. Ignore the time value of money.

Business

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The two pivotal factors that distinguish one competitive strategy from another boil down to:

a. (1) whether the company has a customer value proposition, profit formula, and collection of valuable resources; and (2) whether the company's market target is broad or narrow. b. (1) whether the company focuses on low cost, and (2) whether the company chooses offensive or defensive moves to counter the rivals. c. (1) whether the company chooses offensive or defensive moves to counter its rivals, and (2) whether the company's market target is broad or narrow. d. (1) whether the company has to deal with strong competitive forces, and (2) whether the company chooses offensive or defensive moves to counter its rivals. e. (1) whether the company's market target is broad or narrow, and (2) whether the company is pursuing a competitive advantage linked to lower costs or differentiation.

Business

Tenants who think their property is uninhabitable are responsible for

A. fixing the property themselves. B. making a complaint to the local housing authority. C. notifying the landlord of the needed repairs. D. hiring and paying for a person to make the repairs.

Business