A trade acceptance is a promissory note.
Answer the following statement true (T) or false (F)
False
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A buyer's cancellation of a contract based on the seller's anticipatory repudiation is effective:
a. only if the buyer expressly notifies the seller of the cancellation. b. if the cancellation precedes the seller's attempt to retract her repudiation. c. only if bond has been obtained. d. All of these are correct.
Identify a true statement about a limited liability company (LLC).?
A. ?A limited liability company (LLC) has a maximum of 100 stockholders. B. ?A limited liability company (LLC) offers the limited personal liability associated with a corporation. C. ?A limited liability company (LLC) has only one type of stock (membership interest). D. ?A limited liability company (LLC) is taxed as a partnership and the stockholders are subject to double taxation. E. ?A limited liability company (LLC) is liable for the negligence, irresponsibility, or similar acts committed by any partner.
An assembly line is an example of a product layout.
Answer the following statement true (T) or false (F)
Consider a project with the following information:
Year After-tax Accounting Profits from After-tax Cash Flow Operations 1 $799 $750 2 150 1,000 3 200 1,200 Initial outlay = $1,500 Compute the profitability index if the company's discount rate is 10%. A) 1.61 B) 1.81 C) 0.62 D) 15.8