The primary purpose of a contract is to:
a. make it easy to do international business transactions b. encourage innovation
c. encourage investment
d. give parties confidence that they will make a profit e. none of the other choices are correct
e
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Inventory control has physical custody of inventory
Indicate whether the statement is true or false
In the context of a company's marketing mix, ________ includes company activities that make the product available to target consumers
A) position B) place C) price D) promotion E) branding
Collision Corporation Data for Collision Corporation for the year ended December 31, 2012, are presented below. Credit Sales $2,000,000 Sales returns and allowances 40,000 Accounts receivable (December 31, 2012 ) 610,000 Allowance for bad debts (Before adjustment at December 31, 2012 ) 15,000 Estimated amount of uncollected accounts based on aging analysis 55,000 Refer to the information provided
for Collision Corporation. If Collision uses the aging of accounts receivable approach to estimate its bad debts, what will be the net realizable value of its accounts receivable after the adjustment for bad debt expense? A) $610,000 B) $555,000 C) $595,000 D) $570,000
________ are programs that offer professional counseling, medical services, and rehabilitation opportunities to all troubled employees.
A. Workers' compensation programs B. Pre-employment training programs C. Employee assistance programs D. Loss-control programs