____________________ or directives moving downward from superiors to subordinates usually require little persuasion
Fill in the blank(s) with correct word
Instructions
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The following information was taken from the financial statements of Collin's Inn: Total current assets $162,000 Average owner's equity 148,000 Beginning inventory 32,000 Ending inventory 36,000 Cost of goods sold 165,000 Net income 37,000 The return on owner's equity for Collin's Inn is
a. 25%. b. 27%. c. 80%. d. 129%.
Which of the following best describes the term "assets"?
a. The amount of total profits earned by a business since it began operations. b. The amount of interest or claim that the owners have in the business. c. The economic resources of a business entity. d. The cumulative profits earned by a business less any dividends distributed.
The goal of ethnographic research is to immerse the researcher into consumers' lives to uncover unarticulated desires that might not surface in any other form of research
Indicate whether the statement is true or false
Which of the following statements is true about unliquidated debts?
A. Composition agreements are an exception to unliquidated debts and can be enforced without additional consideration. B. As the amount is genuinely in dispute, an agreement resulting in accord and satisfaction is enforceable. C. All courts allow collection of the remainder if checks marked "payment in full" are cashed without reservation. D. As the amount is due and certain, a promise to pay less lacks consideration.