Which is an example of a cash flow from an investing activity?
(a) Receipt of cash from teh issuance of bonds payable
(b) Payment of cash to repurchase outstanding capital stock
(c) Receipt of cash from the sale of equipment
(d) Payment of cash to suppliers for inventory
Ans: (c) Receipt of cash from the sale of equipment
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Usefulness of the cost approach would be limited when:
A: An appraiser is appraising a new structure appropriate to its site and use; B: There exists an unusually inactive real estate market; C: Appraising for proposed construction; D: Appraising an old structure with many functional deficiencies.
PoolPak produces climate-control systems for large swimming pools. The company's customers are more concerned about service support for maintaining their systems than the initial price of the product
PoolPak specializes in and differentiates itself through both cutting-edge technologies used to build its high-value climate control systems as well as seamless quality service. PoolPak's prices are very high, but demand for its climate-control systems seems to be forever on the rise. This exemplifies ________. A) target costing B) a pure monopoly C) cost-plus pricing D) a nonprice position E) break-even pricing