Which of the following is NOT a drawback of a revenue-sharing contract?
a. The supplier carries a greater burden of the risk.
b. The supplier may not be motivated to expand its capacity for fear of ending up with excess capacity if demand remains weak.
c. The supplier has the administrative burden of monitoring the manufacturer’s sales and revenues to be sure the firm isn’t underreporting them.
d. The burden of overcapacity is borne by the buyer.
d. The burden of overcapacity is borne by the buyer.
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On January 1, Gemstone Company obtained a $165,000, 10-year, 7% installment note from Guarantee Bank. Thenote requires annual payments of $23,492, with the first payment occurring on the last day of the fiscal year. Thefirst payment consists of interest of $11,550 and principal repayment of $11,942 . The journal entry to record theissuance of the installment note for cash on January 1 would
include a a. debit to interest expense for $11,550 b. credit to interest payable for $11,550 c. credit to notes payable for $165,000 d. debit to notes payable for $165,000
Hardware, in computer terms, refers to the physical components of a computer.
Answer the following statement true (T) or false (F)
A laptop manufacturer has created a set of methods to deal with specific technical issues raised by customers. These methods can be referred to as _____.
A) ?tactical plans B) ?visionary plans C) ?single-use plans D) ?standing plans
A rule that creates, defines, or regulates the legal rights of administrative agencies and the parties they regulate is called a(n) ________
A) substantive rule B) procedural rule C) internal law D) executive law