An agreement of a seller to supply a buyer with all of the buyer's needs for certain goods is known as:

a. a firm offer.

b. a requirements contract.

c. an output contract.

d. promissory estoppel.


b

Business

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An invoice is also known as a bill

Indicate whether the statement is true or false

Business

Clayton Industries is planning its operations for next year. Ronnie Clayton, the CEO, wants you to forecast the firm's additional funds needed (AFN). Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Dollars are in millions. Last year's sales = S0$350  Last yr's accounts payable$40 Sales growth rate = g30%  Last yr's notes payable$50 Last year's total assets = A0*$360  Last yr's accruals$30 Last year's prof margin = PM5%  Target payout ratio60% ?

A. $67.0 B. $78.7 C. $63.9 D. $77.9 E. $91.1

Business

Forbearance is a process that allows a lender to legally repossess and auction off the property securing a loan.

Answer the following statement true (T) or false (F)

Business

Which of the following is not a type of efficiency IT metric?

A. Speed. B. Availability. C. Usability. D. Throughput.

Business