Answer:
intangible property
Explanation:
Intangible property can be defied as property that doesn't have any physical attributes that give them value. For example, a car is a tangible since you can drive it around, but a certificate of deposit is just a piece of paper (or even a computer code) and nothing else. The same applies to bonds and stocks, you know they are valuable but their value is not provided by their physical characteristics.
Other intangible property include patents, software, licenses, copyrights and trademarks. All of these can be extremely expensive, for example Microsoft is worth hundreds of billions and it sells digital ones and zeros.
Answer:
The correct answer is $165 ( Million).
Explanation:
According to the scenario, the given data are as follows:
Pretax accounting income = $200 (Million)
Overweight fines = $5 (Million)
Understated depreciation = $110 - $70 = $40 (million)
So, we can calculate the taxable income by using following formula:
Taxable income = Pretax accounting income + Overweight fines - Understated depreciation
By putting the value, we get
Taxable income = $200 + $5 - $40
= $165 (Million)
Answer:
Oligopoly
Explanation:
Oligopoly is simply defined as the situation in which more than two firms own/control the largest market share, while other smaller firms contend for the remaining share of the market.
For better understanding;
- Monopoly: one firm owning/controlling the largest market share.
- Duopoly: two firms own/control the largest market share.
- Oligopoly: more than two firms own/control the largest market share.
In this type of competition (Oligopoly), the smaller firms survive by offering unique features in their products and services while some offer cheaper prices for their products and services.
Answer:
A product mix ie a complete set of products and or services from a firm.