Answer: C. a market
A market refers to place where buyers and sellers of various goods or commodities interact with each other in order to trade various goods, services and even contracts for money or for barter.
Buyers and sellers may interact with each either directly or through other intermediaries like dealers or retailers.
A market may be an actual physical place or a virtual market place.
Answer:
b) most shareholders have little direct control over how the company is managed.
Answer:
Book value= $96,000
Explanation:
Giving the following information:
Pearson Company bought a machine on January 1, 2014. The machine cost $144,000 and had an expected salvage value of $24,000. The life of the machine was estimated to be 5 years.
Annual depreciation= (original cost - salvage value)/estimated life (years)
Straight-line depreciation= (144,000 - 24,000)/5= 24,000
Accumulated depreciation= 24,000*2= 48,000
Book value= 144,000 - 48,000= 96,000
Answer:
D) ownership advantages
Explanation:
Based on the scenario being described it can be said that the executives are most likely worried that Coffman lacks ownership advantage. This term refers the competitive advantage that exists for a company that is attempting to enter a foreign market. Such as Coffman Enterprises is trying to do, but since they are concerned about the fierce competition, then they are stating that Coffman may not have a competitive advantage in that market to deal with the existing competitors.
