A company shows a $660 balance in Prepaid Rent in the Unadjusted Trial Balance columns of the work sheet. The Adjustments columns show expired rent of $230. This adjusting entry results in:

a. $300 decrease in net income.
b. $300 increase in net income.
c. $300 difference between the debit and credit columns of the Unadjusted Trial Balance.
d. $300 of prepaid insurance.
e. An error in the financial statements.

answer; ///(d); determining who competes most closely   with whom evaluating whether industry driving forces and competitive pressure favor some strategic groups and hurt others, and ascertaining whether the profit potential of different strategic groups varies due to the strengths and weaknesses in each groups respective market positions;

answer; buying the bill at a discount from the face value to be received at maturity;