Under the cost model, an impairment loss would be recorded as:

A) DR Sales, CR Impairment loss.
B) DR Impairment loss, CR Accumulated depreciation and impairment losses.
C) DR Accumulated impairment losses, CR Impairment loss.
D) DR Accumulated impairment losses, CR Asset revaluation (equity) .

Nike is the world's largest athletic brand. Its innovative and broad product line helps drive sales; however, a large majority of those sales are in the footwear business. Most of Nike's goods are produced overseas in low-cost factories and then imported to the final market. Nike currently has many of the top U.S. athletes under contract (Michael Jordan, Tiger Woods, Dwyane Wade) but international sales are still small in emerging markets. However, many competitors have attempted to copy Nike's business model (high-value branded products manufactured at low-cost), including Adidas and Reebok, while many retailers have attempted to pass on the low-cost pressure of retail consumers. Perform a SWOT analysis for Nike.

To persuade group members to accept their idea, it is recommended that leaders:

A) explain the benefits of their proposal.
B) move quickly into a crisis leadership mode.
C) use at least four characteristics of the power-oriented linguistic style at the same time.
D) use technical jargon extensively.

A company that sells only multigrain, low-calorie bread should use an undifferentiated targeting strategy.

During September the capital expenditure budget indicates a $420000 purchase of equipment. The ending September cash balance from operations is budgeted to be $60000. The company wants to maintain a minimum cash balance of $30000. What is the minimum cash loan that must be planned to be borrowed from the bank during September?

A) $330000
B) $360000
C) $450000
D) $390000

Ocean Corporation uses customers served as its measure of activity. During June, the company budgeted for 21,000 customers, but actually served 19,000 customers. The company bases its budgets on the following information: Revenue should be $5.00 per customer served. Wages and salaries should be $24,900 per month plus $1.80 per customer served. Supplies should be $0.90 per customer served. Insurance should be $6,500 per month. Miscellaneous expenses should be $3,500 per month plus $0.40 per customer served. The company reported the following actual results for June:
Required:Prepare the company's flexible budget performance report for June. Label each variance as favorable (F) or unfavorable (U).

Which tactic might a negotiator encounter when the other party uses the win-lose strategy of "ultimatums?"

A) minor concessions are made grudgingly
B) the other party makes a take-it-or-leave it offer
C) irrational behavior is followed by reasonable,sympathetic behavior
D) the offer is for a limited period