Henry, a manager at Traders Inc., is confident about getting an Austrian supplier for the company. He is talking with the Austrian representatives over lunch. Which of the following should Henry avoid after the deal is made?
A. Selling the deal
B. Changing the subject to a personal one
C. Leaving, if the other person does not care much about relationships
D. Sticking around, if the other person wants to work on the relationship
Answer: A
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Indicate whether the statement is true or false
On July 1, Shady Creek Resort borrowed $250,000 cash by signing a 10-year, 8% installment note requiring equal payments each June 30 of $37,258. What amount of interest expense will be included in the first annual payment?
A. $17,258 B. $37,258 C. $25,000 D. $20,000 E. $232,742
What crimes do not require mens rea?
A) felonies B) strict liability crimes C) street crimes D) petty crimes
Helmers Corporation manufactures a single product. Variable costing net operating income last year was $85,000 and this year was $101,900. Last year, $31,700 in fixed manufacturing overhead costs were released from inventory under absorption costing. This year, $12,000 in fixed manufacturing overhead costs were deferred in inventory under absorption costing.What was the absorption costing net operating income last year?
A. $89,900 B. $85,000 C. $116,700 D. $53,300