________ is concerned with the restarting of the day-to-day revenue generating operations of the firm

Under which of the following conditions will a low-cost provider strategy likely work?

a. when there are few ways to achieve product differentiation b. when buyers can switch between sellers at low cost c. when products of rival sellers are readily available and essentially identical d. when price competition is particularly low

Rimrock Partnership has a fiscal year ending June 30. The partnership's four partners have the following ownership percentages and fiscal years: Marble 30% Owner March 31 Stone 25% Owner December 31 Brick 25% Owner September 30 Quartz 20% Owner September 30 Assuming the partnership does not make a Sec. 444 election and does not establish a business purpose for a different period, what tax year must the partnership use to file its tax return?

A. March 31. B. December 31. C. June 30. D. September 30.