Writing is required when the person against whom enforcement of a sales contract is sought voluntarily admits, in the course of legal proceedings, to having made the sales contract
Indicate whether the statement is true or false
False
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Brad supervises several employees who seem to have low self-efficacy. To improve this situation, he should do all the following except
A. serve as a role model and mentor to them. B. provide guided experiences. C. avoid rewarding small successes. D. nurture their self-efficacy. E. give positive feedback and constructive pointers.
A revenue account is closed with a debit to the revenue account and a credit to Income Summary
Indicate whether the statement is true or false
Ridley Corporation manufactures two styles of lamps—a Bedford Lamp and a Lowell Lamp
The following per unit data are available: Bedford Lamp Lowell Lamp Sales price $25 $35 Variable costs $17 $23 Machine hours required for one lamp 2 4 Total fixed costs are $40,000. Marketing data indicate that the company can sell up to 6,000 units of the Bedford Lamp and up to 6,000 units of the Lowell Lamp. Machine hour capacity is 25,000 hours per year. Which product mix will deliver the optimum operating income? A) 6,000 Bedford Lamps and 6,000 Lowell Lamps B) 3,000 Bedford Lamps and zero Lowell Lamps C) 6,000 Bedford Lamps and 3,250 Lowell Lamps D) 3,000 Bedford Lamps and 1,500 Lowell Lamps
This allows people to buy things now instead of having to wait until they have saved enough cash to pay for them.
A) Credit B) Investing C) Saving D) Debt E) A bank