XYZ Computers, Inc., a business with limited resources, uses a concentrated targeting strategy. How might XYZ benefit from this?
What will be an ideal response?
XYZ Computers will have an opportunity to compete by focusing its limited resources on serving small segments that may be unimportant to or overlooked by larger competitors.
Business
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Clark Company purchased 40% of Irene Company's stock for $125,000 on January 1. On May 20 of the same year, Irene Company declared total cash dividends of $30,000. At year-end, Irene Company reported net income of $150,000. The balance in Clark Company's Long-Term Investment in Irene Company as of December 31 should be:
A) $ 77,000. B) $245,000. C) $173,000. D) $185,000. E) $197,000.
Business
In a simulation model, input variables are called dependent variables
a. True b. False
Business