A buyer may reject the goods or revoke the acceptance for any defects in the goods
Indicate whether the statement is true or false
False
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The value-added tax (VAT) can be rebated to exporters, according to World Trade Organization (WTO) rules.
Answer the following statement true (T) or false (F)
The reciprocal-services method cannot be combined with the dual-allocation approach.
Answer the following statement true (T) or false (F)
Hinge Manufacturing's cost of goods sold is $420,000 variable and $240,000 fixed. The company's selling and administrative expenses are $300,000 variable and $360,000 fixed. If the company's sales is $1,480,000, what is its contribution margin?
a. $160,000 b. $760,000 c. $820,000 d. $880,000
Banks experience diseconomies of scale when:
a. marginal costs increase as total costs decrease. b. total costs decrease as output decreases. c. total costs increase as output increases. d. average unit costs increase as output increases. e. average unit costs decrease as output increases.