What is the formula used to determine the amount of merchandise inventory to be purchased?
What will be an ideal response
Cost of goods sold + Desired ending merchandise inventory = Total merchandise inventory required
Total merchandise inventory required - Beginning merchandise inventory = Budgeted purchases
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In an executory bilateral contract, most courts hold that:
A. if a contract has been partially performed by one side, the promise of the other party is enforceable if it is communicated orally. B. even if a contract has been fully performed by one side, the other party may choose to not enforce its side of the contract. C. even if a contract has been fully performed by one side, the other party has no legal obligation to enforce its side unless it is in writing. D. if a contract has been fully performed by one side, the promise of the other party is enforceable even if it cannot be performed within a year.
Mary has managed the mailroom for 2 years. Management views Mary as a person with Special leadership talent, such as intelligence, sociability, and determination. What approach is Management using in assessing Mary?
A. trait approach B. attributions approach C. behavioral approach D. managerial grid approach
The benefit of co-branding is that if one of the brands involved receives negative publicity, it usually doesn't affect the other brand in any way.
Answer the following statement true (T) or false (F)
In the Parable of the Sadhu: A) the lesson of personal values vs. organizational or group values is drawn
B) the lesson that the rules of business prevail over personal values is drawn. C) the lesson of survival of the fittest is given. D) the lesson of "every man for himself" is critical for business survival.