1. New equipment with a list price of $100,000, credit terms of 3/10 n/30 and transportation cost of
$7.000 is acquired by a company. Insurance while in transit amounts of $200. Insurance on the
equipment during its first year of use amounted to $800. Assuming the equipment is paid for within
discount period, the equipment should recorded with a debit to equipment for :
A) $104,200.
B) $97.000.
C) $107,200.
D) $105,000.

Consider two similar industries, portal crane manufacturing (pcm) and forklift manufacturing (flm). the pcm industry has exactly three incumbents with annual sales of $800 million, $200 million and $100 million, respectively. the flm industry has also exactly three incumbents, with annual sales of $500 million, $450 million and $400 million, respectively. which industry is more likely to experience a higher level of rivalry?