________ proposes a "hypothetical" sale price for cash. This hypothetical sale takes place in an open and unrestricted marketplace

Classification as an extraordinary item on the income statement would be appropriate for the

a. gain or loss on disposal of a component of the business. b. substantial write-off of obsolete inventories. c. loss from a strike. d. none of these.

Which of the following is one of the six Cs of distribution channel strategy?

A. communication B. continuity C. contribution D. capacity E. commission