At least one or both deviational variables in a goal constraint must equal ________
Fill in the blank with correct word.
Answer: zero
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Compare and contrast normative and information influence.
What will be an ideal response?
The longer its customers normally hold inventory, the longer the credit period supplier firms normally offer. Still, suppliers have some flexibility in the credit terms they offer. If a supplier lengthens the credit period offered, this will shorten the customer's cash conversion cycle but lengthen the supplier firm's own CCC.
Answer the following statement true (T) or false (F)
A tort with very few or no defenses is a _____ tort
A) private B) one-sided C) strict liability D) policy or procedural
Wendell is an executive with CFO Tires. At the beginning of this year the corporation loaned Wendell $50,000 at an interest rate of 1 percent. Wendell would have paid interest of $2,500 this year if the interest rate on the loan had been set at the prevailing federal interest rate. Wendell used the funds as a down payment on a vacation home, and during the year he paid $500 of interest to CFO. On December 31, CFO forgave the loan and remaining interest. What amount of gross income does Wendell recognize from the loan this year?
What will be an ideal response?