An invoice, with payment terms of 2/10, n/30, was issued on April 28 for $235.00. If the payment was made on May 12, the amount of payment will be ________. (Round your answer to the nearest cent.)
A) $235.00
B) $211.50
C) $230.30
D) $233.00
A
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Which of the following would not be a reasonable conclusion when comparing LIFO-FIFO under an inflationary condition?
a. FIFO generally results in a lower profit than does LIFO. b. FIFO reports a higher inventory ending balance. c. LIFO results in a lower profit figure than does FIFO. d. LIFO would probably be used for inventory that has a high turnover rate because there would be an immaterial difference in the results between LIFO ad FIFO. e. The cash flow under LIFO is greater than the cash flow under FIFO by the difference in the resulting tax between the two methods.
An excellent way to avoid difficult employee’s outbursts in the future is to ______.
A. bond with that employee B. try to change their personality C. ask others in the office to not annoy that employee D. ask questions and think critically about the answers
Past consideration is valid but future consideration is not valid consideration in contract law
Indicate whether the statement is true or false
The services and information a company acquires from its vendors is ______.
a. tangible b. intangible c. finished goods d. raw Materials