Bill recently borrowed $50 from Ricardo for a couple of weeks. Bill, still short of cash, tells Ricardo, "I will wash and wax your car in exchange for the $50 I owe you." Ricardo tells Bill, "OK, that's great!" Ricardo's performance of his new duty will be a(n):
A) accord.
B) novation.
C) rescission.
D) satisfaction.
D
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A variable cost increases in total and per-unit when output increases
Indicate whether the statement is true or false
Arkansana Inc. imports inventory from Costa Rica. Prepare the journal entries for Arkansana to record the following transactions. Include any year-end adjustments.Dec 21Purchased inventory from Rojas Co. for 5,000,000 Costa Rican colon. The exchange rate was $0.002 per colon. The credit terms were n/30.Dec 31The exchange rate was $0.0023 per colon.Jan 20Paid Rojas Co. for the December 21 purchase. The exchange rate was $0.0021 per colon.
What will be an ideal response?
Stress management training in an organization is likely to
A. encourage employees to take distress. B. encourage instances of time famine among employees. C. teach employees to reduce eustress. D. teach employees stress reduction skills.
Successful financial management starts with an outline of funds needed for a period of time, along with sources and intended uses of those funds, referred to as a(n) ________
A) economic order B) financial plan C) strategic plan D) financial statement E) risk/return trade-off analysis