In case of an existing asset which is depreciable and is used in business and is sold for a price equal to its initial purchase price, the difference between the sales price and its book value is considered as recaptured depreciation and will be

Under the fair value method, the investor reports as revenue its share of the net income reported by the investee

a. true b. false

Another way Numi Organic Tea identifies potential customers is through what they want from the product; they are looking for organic, fair-trade, premium quality tea, according to the video. What type of market segmentation is used to identify customers in this way?

a. Geographic segmentation b. Demographic segmentation c. Benefit segmentation d. Usage-rate segmentation