Acceptance of an offer to buy, sell, or lease goods generally may be made in any reasonable manner and by any reasonable means
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following describes the return on assets ratio?
A) Average total assets divided by sales B) Net sales divided by net income C) Net income divided by average total assets D) Average total assets divided by net income
The Bacon Company acquired new machinery with a price of $15,200 by trading in similar old machinery and paying $12,700. The old machinery originally cost $9,000 and had accumulated depreciation of $5,000. In recording this transaction, Bacon Company should record
A) the new machinery at $16,700 B) the new machinery at $12,700 C) a gain of $1,500 D) a loss of $1,500
When and why should you write a postinterview thank-you letter?
What will be an ideal response?
For a project that has an initial cash outflow followed by cash inflows, the profitability index (PI) is equal to the present value of cash inflows divided by the cost of capital
Indicate whether the statement is true or false