Browning's Motor Works Is Reviewing Its Current Accounts to Determine

question 101

Multiple Choice

Browning's Motor Works is reviewing its current accounts to determine how a proposed project might affect the account balances. The firm estimates the project will initially require $57,000 in additional current assets and $32,000 in additional current liabilities. The firm also estimates the project will require an additional $7,000 a year in current assets for each one of the four years of the project. How much net working capital will the firm recoup at the end of the project assuming that all net working capital can be recaptured?

• A) -$85,000
• B) $25,000
• C) $53,000
• D) $28,000
• E) $85,000

Understand the consequences of illegal corporate practices, including false advertising and market manipulation.

Examine the role of antitrust enforcement in a global context, including the effect of international bodies.

Identify factors leading to industry consolidation and their impacts on competition and innovation.

Understand the historical development and key acts regarding antitrust laws in the United States.

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Definitions:

Direct Competitors

Businesses or entities that offer the same or very similar goods or services to the same customer or target market.

Catalog Retailer

A business that sells products through catalogs mailed to customers, who can place orders by mail, telephone, or online.

Competitive Advantage

An attribute or situation which positions a company more favorably or at an advantage relative to its competitors in the industry.

Distinctive Competency

A unique capability or skill that gives an organization a competitive advantage over its peers.