Question

Q: Companies with a durable competitive advantage: Select one: Oa. Operate in a very competitive industry b. Have lower profit margins C. Have to compete by selling at a lower price d. Can price their products well above cost Q: Buffett looks for companies whose gross profit margins: Select one: a. Are the same as those of their competitors b. Are greater than 40% C. Are volatile d. Are consistently 60% and above Q: Some companies with high gross profit margins may not have a durable competitive advantage because: Select one: O a. They have large research and development costs Ob. They don't spend a lot on selling and administrative expenses c. They have low debt d. They sell a very competitive product

          Q: Companies with a durable competitive advantage:
Select one:
Oa. Operate in a very competitive industry
b. Have lower profit margins
C. Have to compete by selling at a lower price
d. Can price their products well above cost
Q: Buffett looks for companies whose gross profit margins:
Select one:
a. Are the same as those of their competitors
b. Are greater than 40%
C. Are volatile
d. Are consistently 60% and above
Q: Some companies with high gross profit margins may not have a durable competitive
advantage because:
Select one:
O a. They have large research and development costs
Ob. They don't spend a lot on selling and administrative expenses
c. They have low debt
d. They sell a very competitive product

Q: Companies with a durable competitive advantage:
Select one:
Oa. Operate in a very competitive industry
b. Have lower profit margins
C. Have to compete by selling at a lower price
d. Can price their products well above cost
Q: Buffett looks for companies whose gross profit margins:
Select one:
a. Are the same as those of their competitors
b. Are greater than 40%
C. Are volatile
d. Are consistently 60% and above
Q: Some companies with high gross profit margins may not have a durable competitive
advantage because:
Select one:
O a. They have large research and development costs
Ob. They don't spend a lot on selling and administrative expenses
c. They have low debt
d. They sell a very competitive product

Added by Ryan C.

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