The bargaining power of a customer is weak if ________
A) the availability of a substitute is limited
B) the cost of switching to a substitute is low
C) competitors offer products with same benefits at lower prices
D) new entrants are offering a product that uses more recent technology
A
Business
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Consider the following accounts and identify each as an asset (A), liability (L), or equity (E).
Business
Which of the following statements is true of a bond that is issued at a discount?
A) The bond will be issued at par. B) The stated interest rate is higher than the prevailing market interest rate. C) At maturity, the bond will repay an amount that is less than the face value. D) The bond will be issued for an amount less than the face value.
Business