Most courts hold that a seller of goods is not entitled to consequential damages
a. True
b. False
Indicate whether the statement is true or false
True
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Both the allowance method and the direct charge-off method are acceptable for tax purposes
Indicate whether the statement is true or false
Which of the following statements is FALSE assuming a perfect market?
A) The unlevered beta measures the market risk of a firm's business activities, ignoring any additional risk due to leverage. B) If a firm holds $1 in cash and has $1 of risk-free debt, then the interest earned on the cash will equal the interest paid on the debt. The cash flows from each source cancel each other, just as if the firm held no cash and no debt. C) The unlevered beta measures the market risk of a firm without leverage, which is equivalent to the beta of the firm's assets. D) As the amount of debt decreases, the debt becomes riskier because there is a chance the firm will default.
Milltown Company specializes in selling used cars. During the month, the dealership sold 22 cars at an average price of $15,000 each. The budget for the month was to sell 20 cars at an average price of $16,000. Compute the dealership's total sales variance for the month.
A) $22,000 unfavorable. B) $10,000 favorable. C) $22,000 favorable. D) $32,000 unfavorable. E) $32,000 favorable.
Which of the following are uses of crowdsourcing that have been shown to be successful?
a. an organized competition where teams volunteer to solve a problem by a deadline to win a cash prize b. hiring temporary or contingent workers c. organizing an in-house team to solve a manufacturing issue d. funding multinational corporations through online drives