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When cost parity is achieved between rival companies, the only way to achieve sustained competitive advantage is to continue to use the technology available to minimize production costs.
Property, Plant
Assets that are used in operations and have a useful life longer than one year, such as buildings, machinery, and equipment.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded for an asset since it was acquired.
Cash Dividends
Payments made by a corporation to its shareholder members from current or retained earnings, usually in the form of cash.
Operating Activities
The day-to-day functions of a business related to producing and delivering its goods and services, as reflected in its cash flow.
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