A change in depreciation method is accounted for by retrospectively revising prior years' financial statements.

Under which of the following conditions will a future value calculated with simple interest exceed a future value calculated with compound interest at the same rate?

A. The interest rate is very high. B. The investment period is very long. C. The compounding is annually. D. This is not possible with positive interest rates.

When the producer sells through an import agent, a wholesaler, and a retailer, a _________ channel length exists

Fill in the blank(s) with the appropriate word(s).