A commercial agreement between a party that owns a trade name or trademark and a party that sells or distributes goods or services using that trade name or trademark is known as a ________
A) joint venture
B) joint stock company
C) franchise relationship
D) syndicate
C
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Contributed capital by owners is one source of long-term funds and is considered a type of long-term liability
Indicate whether the statement is true or false
In a new task buying situation, the customer firm has had experience securing the product or service, but managers need to reevaluate alternatives
Indicate whether the statement is true or false
The buffer in a bad-news message to employees should A) explain the organization's side of the story
B) mention reader benefits related to the reasons for the denial. C) provide information about an alternative if one exists. D) be a neutral or positive statement that transitions to the reasons for the bad news.
Coyote Corp. (a U.S. company in Texas) had the following series of transactions in a foreign country during 2018:Mar.1 Bought inventory costing 60,000 pesos on credit.May 1 Sold 60% of the inventory for 54,000 pesos on credit.Aug.1 Collected 48,000 pesos from customersSept.1 Paid 36,000 pesos to creditorsThe appropriate exchange rates during 2018 were as follows:DateExchange RateMarch 1, 2018$.20 = 1 peso May 1, 2018$.22 = 1 peso August 1, 2018$.23 = 1 peso September 1, 2018$.24 = 1 peso December 31, 2018$.25 = 1 peso ?What amount will Coyote Corp. report in its 2018 balance sheet for Inventory?
What will be an ideal response?