Sales law developed in medieval Europe was known as:
a. lex vendido
b. lex mercatoria
c. the Medieval Code d. the merchant code e. the rules of sales
b
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An audit provides reasonable assurance of detecting which of the following types of material illegal acts? Direct EffectWithout a Direct EffectA.YesYesB.YesNoC.NoYesD.NoNo
A. Option A B. Option B C. Option C D. Option D
Philosopher Norman Bowie identifies his approach as a "Kantian" theory of business ethics.
Answer the following statement true (T) or false (F)
Consider a work center with a demand rate of 20 parts per hour and using a container that can hold 5 parts. It is estimated that the container takes 30 minutes to cycle through the work cell. Assume a safety stock level of 10 percent. What is the value of S for this system?
a. 5 b. 0.5 c. 0.1 d. 20
Ducey Corporation is contemplating purchasing equipment that would increase sales revenues by $79,000 per year and cash operating expenses by $27,000 per year. The equipment would cost $150,000 and have a 6 year life with no salvage value. The annual depreciation would be $25,000. (Ignore income taxes.)Required:Determine the simple rate of return on the investment to the nearest tenth of a percent.
What will be an ideal response?