Bronte Corporation acquired two inventory items at a lump-sum cost of $160,000 units of product A, and 14,000 units of product B. Product A normally sells for $24 per unit, and product B for $8 per unit. If Bronte sells 2,000 units of A, what amount of gross profit should it recognize?

Which of the following methods lends itself to forecasts for long-term emerging phenomena or revolutionary technologies?

A. the sales force estimate technique B. the delphi method C. the jury of executive opinion method D. market testing

The clause in a mortgage instrument that would prevent the assumption of the mortgage by a new purchaser is a

A) due-on-sale clause. B) power of sale clause. C) defeasance clause. D) certificate of sale clause.