Wildhorse co.'s trial balance of income statement accounts only for the year ended december 31, 2020 included the following: debit credit sales revenue $287000 cost of goods sold $173000 administrative expenses 40300 loss on sale of equipment 18100 commissions to salespersons 15900 interest revenue 9800 freight-out 6000 loss from discontinued operations 23900 bad debt expense 6100 other information: wildhorse's income tax rate is 40%. finished goods inventory: january 1, 2020 $158100 december 31, 2020 139000 on wildhorse's multiple-step income statement for 2020, the discontinued operations loss is

In general, as long as the number of firms that possess a particular valuable resource or capability is less than the number of firms needed to generate perfect competition dynamics in an industry, that resource or capability can be considered and a potential source of competitive advantage. answers: valuablerareinimitableun-substituta ble

Suppose the number of equipment sales and service contracts that a store sold during the last six (6) months for treadmills and exercise bikes was as follows: treadmill exercise bike total sold 185 123 service contracts 67 55 the store can only sell a service contract on a new piece of equipment. of the 185 treadmills sold, 67 included a service contract and 118 did not.

T-comm makes a variety of products. it is organized in two divisions, north and south. the managers for each division are paid, in part, based on the financial performance of their divisions. the south division normally sells to outside customers but, on occasion, also sells to the north division. when it does, corporate policy states that the price must be cost plus 20 percent to ensure a "fair" return to the selling division. south received an order from north for 300 units. south's planned output for the year had been 1,200 units before north's order. south's capacity is 1,500 units per year. the costs for producing those 1,200 units follow