The buyer can change the purchased quantity based on the updated demand forecasts for the product under the ______ contract.
A. buyback
B. quantity-flexibility
C. revenue-sharing
D. fixed-price
B. quantity-flexibility
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Which profitability ratio requires the use of earnings per share in its calculation?
a. Price/earnings ratio b. Return on common stockholders' equity c. Dividend yield ratio d. Profit margin
Staple Corp purchased supplies at a cost of $2,581 during the year. At December 31, supplies on hand are $1,492. Supplies expense for the year was $6,213. How much were supplies on hand at January 1?
A) $7,705 B) $8,794 C) $6,213 D) $5,124
The intentional dispossession or unauthorized use of the personal property of another is known as:
a. conversion. b. trespass to personal property. c. fraud. d. stealing.
Which of the following is true regarding compensatory ("comp") time?
a. employers can require employees to use up their accrued comp time, regardless of whether employees wish to do so b. the maximum amount of comp time that can be banked is capped at 240 hours for most employees c. acceptance of comp time can be made a condition for receiving overtime work d. b and c e. all of the above