Readymade Construction Corporation offers to buy from Set-Still Cement Company a certain quantity of cement for a certain price. Set-Still can accept the offer by
A. a material alteration of the terms within a reasonable time.
B. a promise to ship or a prompt shipment of the cement.
C. a prompt shipment of the cement only.
D. a shipment of nonconforming goods with a notice of accommodation.
Answer: B
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When the interest payment dates of a bond are May 1 and November 1 . and the bond is issued on June 1 . the amount of interest expense at December 31 of the year of issuance would be for
a. two months. b. six months. c. seven months. d. eight months.
Indicate whether each of the following statements about financial statement analysis is true or false.________ a) Working capital measures a company's immediate debt-paying ability.________ b) Accounts receivable turnover is a direct measure of a company's uncollectible accounts expense.________ c) Accounts receivable turnover is calculated by using the following formula: net credit sales รท average accounts receivable.________ d) Net credit sales are comprised of sales on account plus sales returns and discounts.________ e) The amount of average receivables can be calculated using the amount of receivables shown on balance sheets for the current year and previous year.
What will be an ideal response?
One newspaper headline, following Prudhoe Bay and the refinery explosion read, "BP = Big Problems for Oil Giant.". Who of the following would feel a connection with the headline test?
a. Peter Drucker b. Warren Buffett c. Albert Carr d. Robert Halfon
Small businesses produce more patents per employee than large patenting firms
Indicate whether the statement is true or false.