There are several different sports watches for cyclists. When compared to its competitors, the Bike Nashbar watch is the least expensive. The Acumen Basic is the only one designed for older cyclists who prefer a larger display
Sports Instrument is the most comfortable of all the available watches. This describes the ________ of the three sports watches.
A) marketing mixes
B) mass marketing strategies
C) market positions
D) consumer orientations
E) selling orientations
C
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A machine that was purchased for $120,000 has accumulated depreciation of $90,000. The business exchanges the machine for a new one. The new machine has a market value of $130,000, and the business pays $120,000 cash. Assume the exchange has commercial substance. This exchange results in a ________.
A) gain of $20,000 B) gain of $10,000 C) loss of $20,000 D) loss of $30,000
For a dependent to qualify as an exemption, he or she must
A) be married. B) be under age 16. C) be registered in school. D) receive more than one half of his or her support from the taxpayer. E) be a relative.