A check written by a company but not yet presented to the bank for payment is called a check in transit
a. True
b. False
Indicate whether the statement is true or false
False
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Describe the characteristics of a service
What will be an ideal response?
Jemmott Corporation has two divisions: Western Division and Eastern Division. The following report is for the most recent operating period: Total CompanyWestern Division Eastern DivisionSales$406,000$188,000 $218,000 Variable expenses 111,880 63,920 47,960 Contribution margin 294,120 124,080 170,040 Traceable fixed expenses 191,000 85,000 106,000 Segment margin 103,120 39,080 64,040 Common fixed expenses 69,020 31,960 37,060 Net operating income$34,100$7,120 $26,980 The common fixed expenses have been allocated to the divisions on the basis of sales. The Eastern Division's break-even sales is closest to:
A. $358,929 B. $183,410 C. $224,385 D. $135,897
________ is the expatriate's country of residence.
A. Domestic B. Home country C. Host D. Headquarter
A sequence of previous conduct between a buyer and a seller, which may be regarded as establishing an understanding for interpreting an agreement between the two parties, is known as:
A) good faith. B) a course of dealing. C) a course of performance. D) usage of trade.