When performing comparable analysis the ideal comparable firm will have each of the following characteristics EXCEPT:
A) it is in a similar industry.
B) it is of a similar size.
C) it has similar risk as measured by beta.
D) these are all desirable comparables.
D
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Pedro, CEO of a successful IT company, is constantly reading press releases, ads, and news articles about his competition, and he regularly checks information about new competitive products and visits trade shows to study his competition. Pedro is involved in ________.
a. management by observation b. corporate spying c. environmental observation d. competitive intelligence e. TQM
O'Reilly Corp purchased a mine on January 1, 2016, for $530,000
The mine is estimated to contain 39,000 tons of iron ore. There is no residual value. The business extracted and sold 9,500 tons of ore in 2016 and 13,800 tons of ore in 2017. What is the book value of the mine at the end of 2017? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) A) $452,000 B) $213,353 C) $371,000 D) $530,000