All of the following may lead to a competitive advantage except:
A) less expensive suppliers.
B) better employees.
C) fewer products.
D) superior products.
C
Business
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An individual analyzing a firm's financial statements should do all but one of the following:
A) Use unaudited financial statements. B) Do a trend analysis. C) Perform a benchmark analysis. D) Compare the firm's performance to that of its direct competitors.
Business
Ten years ago Bacon Signs Inc. issued twenty-five-year 8% annual coupon bonds with a $1,000 face value each. Since then, interest rates in general have fallen and the yield to maturity on the Bacon bonds is now 7%
Given this information, what is the price today for a Bacon Signs bond? A) $1,000 B) $1,116.54 C) $1,091.08 D) $914.41
Business