Using the 24-hour clock, 5 p.m. is converted to 1500
Indicate whether the statement is true or false.
F
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Saler Company entered into two contractual agreements with two customers. Customer 1 agreed to buy 5,000 units of Product X11 per month for 24 months at $25 per unit. Customer 2 agreed to purchase advisory services for 12 months at $16,000 per month. Both customers agreed to modify their contracts after 6 months had passed.? I. If Customer 1 decides to buy more than 5,000 units in any given
month, the price will be $21 for the additional units, which is representative of the stand-alone price for this product in similar situations. II. Customer 2 agrees to extend the period of time for advisory services to 15 months at the same price and to purchase 2,000 units of Product X11 per month for the next nine months at $15 per unit. ? Which of these contract modifications creates a separate contract? A) I only B) II only C) Both I and II D) Neither I nor II
Differentiated marketing is also known as multisegment marketing
Indicate whether the statement is true or false
The following balance sheet information is provided for Greene Company for Year 2: Assets Cash$6000? Accounts receivable 12,150? Inventory 15,000? Prepaid expenses 1800? Plant and equipment, net of depreciation 19,700? Land 13,600? Total assets$68,250? Liabilities and stockholders' Equity Accounts payable$2910? Salaries payable 8030? Bonds payable (due in ten years) 13,000? Common stock, no par 15,500? Retained earnings 28,810? Total liabilities and stockholders' equity$68,250? What is the company's quick (acid-test) ratio? (Round your answer to 2 decimal places.)
A. 1.38 B. 3.19 C. 0.76 D. 1.66
To meet the demands of a growing customer base, Cora Heights, a clothing company, forms a new product development team. The members of the team have many heated disagreements over creative decisions. However, they also try to understand each other's talents and shortcomings so that they can work together more effectively. In this scenario, the new team of at Cora Heights is in the ________ stage of team development.
A. forming B. storming C. norming D. performing