Mr. E, a sole proprietor, made the following payments in the current year. Which payment is not a capital expenditure?
a. Freight paid on new equipment purchased.
b. Cost of rewiring a building to install a new computer.
c. A payment made to eliminate competition for 5 years.
d. A payment to have machinery moved from one location to another.
Ans: d. A payment to have machinery moved from one location to another.
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National differences in product and technological standards force firms to customize the ______________
Fill in the blank(s) with the appropriate word(s).
Which of the following best describes the current strength of labor unions in the United States?
A. Labor unions are stronger in the southern U.S. states than in the northern U.S states. B. Labor unions have remained unchanged over the past 50 years. C. Labor unions are significantly stronger than 50 years ago. D. Labor unions are significantly weaker than 50 years ago.