Nate works as a sales representative. His employment contract specifies that he cannot work for a competitor for a period of two years from employment. This is an example of
A)vagueness
B)extortion.
C)ambiguity.
D)duress.
C
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Indicate whether the statement is true or false.
________ is direct spoken communication between sellers and potential customers.
A. Personal selling B. Advertising C. Sales promotion D. Publicity E. Mass selling
Given the following initial pairwise comparison matrix, determine the consistency ratio
Factor A B C Item A 1 3 9 Item B 0.3333 1 8 Item C 0.1111 0.125 1
Paper Corporation holds 80 percent of the voting shares of Scissor Company. On January 1, 20X8, Scissor purchased $100,000 par value 12 percent Paper bonds from Cruse Corporation for $115,000. Paper originally issued the bonds to Cruse on January 1, 20X6, for $110,000. The bonds have an 8-year maturity from the date of issue and pay interest semiannually on June 30 and December 31 each year. Scissor' reported net income of $65,000 for 20X8, and Paper reported income (excluding income from ownership of Scissor's stock) of $90,000. Paper's partial bond amortization schedule is as follows:PMT# Interest$ PMTInterestExpense Amort ofDiscount(Premium)Premium(Discount)BondsPayableBV
ofBonds 1/1/20X6 10,000.00 100,000.00 110,000.00 1 6/30/20X6 6,000.00 5,579.78 (420.22) 9,579.78 100,000.00 109,579.78 2 12/31/20X6 6,000.00 5,558.47 (441.53) 9,138.25 100,000.00 109,138.25 3 6/30/20X7 6,000.00 5,536.07 (463.93) 8,674.33 100,000.00 108,674.33 4 12/31/20X7 6,000.00 5,512.54 (487.46) 8,186.86 100,000.00 108,186.86 5 6/30/20X8 6,000.00 5,487.81 (512.19) 7,674.68 100,000.00 107,674.68 6 12/31/20X8 6,000.00 5,461.83 (538.17) 7,136.51 100,000.00 107,136.51 Based on the information given above, what amount of consolidated net income should be reported for 20X8? A. $134,240 B. $149,134 C. $136,134 D. $147,240