Pepsi Co. sold its cola syrup to Russia and agreed to buy Russian vodka at a certain rate for sale in the United States for the next 5 years. What kind of a countertrade did both the parties indulge in?
What will be an ideal response?
Both the parties indulged in an offset. In such countertrade, the seller receives full payment in cash but agrees to spend a substantial amount of the money in that country within a stated time period.
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Explain how managing an efficient supply chain and information system can improve the company's return on assets.
What will be an ideal response?
Arthur Enterprises had the following long-term debt: Sinking fund bonds, maturing in installments .......... $1,200,000 Industrial revenue bonds, maturing in installments .... 800,000 Subordinated bonds, maturing on a single date ......... 1,500,000 The total of the serial bonds amounted to
a. $900,000. b. $1,500,000. c. $2,000,000. d. $2,400,000.
When making business telephone calls, you do not need to smile because the other person can't see you
Indicate whether the statement is true or false
Angela, age 17, is injured in a car accident and receives $5,200 in medical treatment at the emergency room. The hospital sends a bill to Angela, who signed the admitting form in which she agreed to pay for the treatment. Angela: A) is a minor and need not pay the bills
B) is liable for the bill as a necessity. C) can rescind the agreement. D) None of the above