Cost leadership is most appropriate when a. industry rivalry is high and customers are very sensitive to prices. b. product innovation is the key competitive factor. c. customers have very different needs and uses for the industry's products. d. economies of scale are relatively unimportant in manufacturing products. e. the power of buyers is low and barriers to entry are high.

On april 1, santa fe, inc. paid griffith publishing company $2,448 for 36-month subscriptions to several different magazines. santa fe debited the prepayment to a prepaid subscriptions account, and the subscriptions started immediately. what amount should appear in the prepaid subscription account for santa fe, inc. after adjustments on december 31 of the first year assuming the company is using a calendar-year reporting period and no previous adjustment has been made?