Article 2 of the UCC governs contracts for sales of goods.
Answer the following statement true (T) or false (F)
True
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Acme Global hired a director of safety to help the organization ensure proper compliance with the Occupational Safety and Health Act. This represents the influence of _______ in the external environment on the organization.
A. the economy B. customers C. the government D. suppliers E. competition
Which of the following is the objective of financial reporting?
a. To furnish information useful in making investment and credit decisions. b. To provide information useful in assessing cash flow prospects. c. To provide information about business resources and claims to those resources. d. To provide financial information about the reporting entity that is useful to present and potential equity investors, lenders, and other creditors in making decisions in their capacity as capital providers.
The balance sheet of Crimpson Solutions Ltd. has cash of $125 million, accounts receivable of $245 million, inventory of $160 million, and equipment worth $450 million. The company also has accounts payable of $120 million, notes payable of $280 million, and corporate bonds of $365 million. Crimpson's current ratio is:
A. ?2.5 times. B. ?1.56 times. C. ?1.325 times. D. ?0.565 times. E. ?1.855 times.
The __________ Act prohibits any payment by a company, its employees, or its agents directly or indirectly to a foreign government official for the purpose of improperly influencing government decisions, unless the payment is a __________ to a 'low ranking' official to expedite non discretionary granting of a permit or license
a. Export Control Reform Initiative, facilitating payment b. Office of Economic Cooperation and Development, facilitating payment c. Foreign Corrupt Practices, facilitating payment d. 1934 Securities Exchange Act, non-facilitating payment.