The need to maintain a good relationship with the other party after the negotiation is over, primarily by maintaining trust and reducing uncertainty is an example of a(n) ________ factor in the negotiation process.
Fill in the blank(s) with the appropriate word(s).
intangible
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On March 31 a company needed to estimate its ending inventory to prepare its first quarter financial statements. The following information is available:Beginning inventory, January 1: $4,000Net sales: $80,000Net purchases: $78,000The company's gross margin ratio is 25%. Using the gross profit method, the cost of goods sold would be:
A. $63,000. B. $58,500. C. $19,500. D. $60,000. E. $20,000.
The consumer price index (CPI) and the producer price index (PPI) actually measure the same economic factors.
Answer the following statement true (T) or false (F)
The revenue recognition principle:
A. Provides guidance on when a company must recognize revenue. B. Prescribes that a company record the expenses it incurred to generate the revenue reported. C. Prescribes that accounting information is based on actual cost. D. Means that accounting information reflects a presumption that the business will continue operating instead of being closed or sold. E. Prescribes that a company report the details behind financial statements that would impact users' decisions.
Professors Harry Markowitz and William Sharpe received their Nobel Prize in Economics for their contributions to the
A) options pricing model. B) theories of working capital management. C) theories of portfolio based management and the risk along with return on securities. D) theories of international capital budgeting.