Fabien offers to sell his Graphic Signs LLC business to Hanna for $100,000. Hanna replies, “The price is too high. I will buy it for $75,000.” Hanna has
A. accepted the offer.
B. made a counteroffer without rejecting the offer.
C. rejected the offer and made a counteroffer.
D. rejected the offer without making a counteroffer.
Answer: C
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a. True b. False Indicate whether the statement is true or false
Which of the following items would not be included in a statement of cash flows prepared using the direct method?
A) Net income. B) Cash paid for dividends. C) Sale of a plant asset. D) Cash payments for purchases.
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Mark’s company was always proactive to anticipate changes with their ethical environment. This suggests that Mark is working for which kind of organization?
A. ethically decoupled B. ethically transformed C. missional D. insular