A company has net income of $200,000. Its portfolio of available-for-sale securities has a cost of $50,000 and a market value at the end of its accounting period of $54,000. How much is the company's comprehensive income?

A. $254,000
B. $250,000
C. $204,000
D. $246,000

Ans: C. $204,000

Business

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Irving Inc., an apparel company, decides to expand operations to several countries around the world. However, it fails to take into account the various styles of clothing that are deemed acceptable in these countries. It sells the same clothes that it sells in its home country to the other countries. As a result, it suffers a major loss. In this scenario, Irving Inc. failed to be sensitive to

the__________of the countries.

Fill in the blanks with correct word.

Business

When rivalry between two organizations is bringing down prices in a market, the situation is

improved by the entrance of a third organization into the market. Indicate whether the statement is true or false

Business