A seller usually prepares a ________ to confirm a buyer's return or allowance, and informs the buyer of the seller's credit to the buyer's Account Receivable on the seller's books.
Fill in the blank(s) with the appropriate word(s).
credit memorandum
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Less than 15 percent of service jobs around the world can currently be carried out remotely
Indicate whether the statement is true or false
The Japanese Civil Code uses the concept of "strict liability" for imposing liability for defective products
Indicate whether the statement is true or false
Dyl Inc.'s bonds currently sell for $870 and have a par value of $1,000. They pay a $65 annual coupon and have a 15-year maturity, but they can be called in 5 years at $1,100. What is their yield to maturity (YTM)?
A. 8.02% B. 9.71% C. 6.66% D. 7.38% E. 8.66%
You are a sales associate with a large department store chain. You have noticed that a fellow sales associate has been taking high-ticket items home with her. You have checked the sales records and she has not been paying for the items. You should:
a. Ignore the conduct because it is not your business. b. Ignore the conduct because she will be caught eventually. c. Confront her with your knowledge. d. Report her conduct to the police.