The last quarter of the 20th century experienced _________________ in the global economy

Capitalized costs incurred while developing computer software to be sold should be amortized using the:

a. lower of the straight-line method or the percent-of-revenue method. b. higher of the percent-of-revenue method or the percent-of-completion method. c. lower of the percent-of-revenue method or the percent-of-completion method. d. higher of the straight-line method or the percent-of-revenue method.

The Hagarty & Adolph funeral home has coffins priced at $1,200, $2,000, $3,500, and $5,000. Why have the owners of the funeral home chosen price lining?

a. It will enable them to carry a larger total inventory b. It will maintain all of the product line at the same stage in the product life cycle. c. It will reach several different target market segments. d. It will thwart competitors that are trying to sell similar products.