A(n) ________ is a contract in which a buyer agrees to purchase all of its requirements for an item from one seller
A) option contract
B) requirements contract
C) best-efforts contract
D) output contract
B
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The following is a summary of information presented on the financial statements of a company on December 31, 2017
Account 2017 2016 Current Assets $85,000 $75,000 Accounts Receivable 65,000 69,000 Merchandise Inventory 66,000 59,000 Current Liabilities 56,000 48,000 Long-term Liabilities 40,000 45,000 Common Stock 75,000 60,000 Retained Earnings 65,000 46,000 With respect to long-term liabilities, a horizontal analysis reveals ________. A) long-term liabilities decreased by $15,000 B) long-term liabilities decreased by 25.00% C) long-term liabilities decreased by 11.11% D) long-term liabilities decreased by $8,000
A linkage between the financial statements includes which of the following?
a. net income from the balance sheet is entered into the income statement b. net income from the income statement is entered into the retained earnings in the balance sheet c. assets have to equal liabilities d. cash is the total expenses on the income report
Planning the Place and Promotion elements of a marketing mix is especially difficult if the dimensions of a product-market are not operational.
Answer the following statement true (T) or false (F)
Your uncle is about to retire, and he wants to buy an annuity that will provide him with $80,000 of income a year for 20 years, with the first payment coming immediately. The going rate on such annuities is 5.25%. How much would it cost him to buy the annuity today?
A. $955,507.24 B. $1,202,089.76 C. $1,027,427.14 D. $1,243,186.84 E. $1,058,249.96