Estimated residual value can be zero if the company does not expect to receive anything when disposing of the asset

Generally, an industry is more attractive when competitors are not similar in size or capability

Indicate whether the statement is true or false

On a given day, the price of a gallon of milk had a mean price of $2.16 with a standard deviation

of $0.07. A particular food store sold milk for $2.09 /gallon. Interpret the z-score for this gas station. A) The milk price of this food store falls 7 standard deviations below the mean milk price of all food stores. B) The milk price of this food store falls 7 standard deviations above the mean milk price of all food stores. C) The milk price of this food store falls 1 standard deviation above the mean milk price of all food stores. D) The milk price of this food store falls 1 standard deviation below the milk gas price of all food stores.