Identify the correct statement about market development strategy
A) It is less riskier than market penetration strategy.
B) It is usually implemented in markets where growth rate is slowing.
C) It persuades current customers to buy more products.
D) It is cheaper than implementation of market penetration strategy.
B
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Fannie Mae
A) makes FHA loans. B) buys FHA loans. C) services FHA loans. D) insures FHA loans.
Tom's Roadside Burger Stand has a beginning balance in the Accumulated Depreciation—Equipment account of $260,000. The depreciation expense on the equipment for the year was $60,000
At the end of the year, the balance in the Accumulated Depreciation—Equipment account was $150,000. What was the accumulated depreciation on the equipment sold during the year? A) $110,000 B) $90,000 C) $170,000 D) $200,000