While lower level needs are basically infinite, higher level needs are finite
Indicate whether the statement is true or false.
F
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In 2017, a corporation purchased a small business for $250,000
The market value of the small business's assets was $400,000, and the market value of the liabilities was $200,000. The corporation recorded goodwill of $50,000 at the time of acquisition. At the end of 2018, it measured goodwill and found it had a remaining fair value of only $20,000. At year-end 2018, the corporation will ________. A) record a loss on sale of assets B) record an impairment loss C) record accumulated depletion D) record a gain in goodwill
Toshiba, Hitachi, and other Japanese television manufacturers use ________ to service the Eastern European market
A) contract manufacturing B) management contracts C) direct investment D) joint venture production E) greenfield venturing