A written order to buy goods from a specific vendor is called a purchase requisition
Indicate whether the statement is true or false
F
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Poweroxi Inc. produces rocket propellant fuel that is used in space shuttles. NASA is an agency that requires rocket propellant fuel to send its rockets to space. NASA enters into a contract with Poweroxi Inc. to purchase all of the propellant fuel it will need that year from Poweroxi. Which of the following conditions would constitute a breach in? contract?
A) if Poweroxi sold to another purchaser
B) if Poweroxi sold to another purchaser at a lower price
C) if NASA purchased fuel from another seller
D) if NASA stopped purchasing from Poweroxi due to lack of need
A point-of-purchase display usually has only a short time to capture a customer's attention
Indicate whether the statement is true or false
Specialty cheeses are most likely to have:
A) high promotional elasticity and high holding cost. B) high promotional elasticity and low holding cost. C) low promotional elasticity and high holding cost. D) low promotional elasticity and low holding cost.
If assets are $88,000 and liabilities are $27,300, then equity equals:
A. $60,700. B. $203,300. C. $27,300. D. $115,300. E. 88,000.