Being aware of the emotions of the other party is critical in which stage of the Principled Negotiation Model?
A. focus on interests, not positions
B. invent options for mutual gain
C. insist on objective criteria
D. separate the people from the problem
D. separate the people from the problem
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On July 8, Jones Inc issued an $80,000, 6%, 120-day note payable to Miller Company. Assume that the fiscal yearof Jones ends July 31 . Using the 360-day year, what is the amount of interest expense recognized by Jones in thecurrent fiscal year?
a. $700 b. $4,200 c. $307 d. $1,400
The predominant response function for advertising is often concave, but when it is S-shaped, ________
A) sales are flat, and advertising does not generate any sales impact B) any increase in advertising spending results in a proportionally positive increase in sales C) any increase in advertising spending results in a proportionally negative decrease in sales D) some positive amount of advertising is necessary to generate any sales impact, but sales increases eventually flatten out E) advertising is not necessary to generate any sales impact
The term ______ is used to describe the behavior of people who manipulate others and use unethical practices for personal gain.
A. self-monitoring B. proactive personality C. machiavellianism D. locus of control
The calendar year-end adjusted trial balance for Blessinger Co. follows: BLESSINGER CO.
Adjusted Trial Balance December 31 Cash$ 112,000?Accounts receivable27,000?Prepaid rent15,000?Prepaid Insurance9,000?Office supplies3,300?Office equipment38,000?Accumulated depreciation-Equipment?$3,200Building288,000?Accumulated depreciation-Building?42,000Land700,000?Accounts payable?25,800Salaries payable?14,500Interest payable?2,500Long-term note payable?72,000Common stock?200,000Retained earnings?710,000Dividends200,500?Service fees earned?430,800Salaries expense90,000?Insurance expense5,200?Rent expense5,000?Depreciation expense-Equipment800?Depreciation expense-Building7,000?Totals$1,500,800$1,500,800Required:(a) Determine the amounts of current assets and current liabilities. (Note: A $9,000 installment on the long-term note payable is due within one year.)(b) Calculate the current ratio. Comment on the ability of Blessinger Co. to meets its short-term debts. What will be an ideal response?