A proposed merger between Operation Smile and Smile Train was canceled due to ______.
A. legal liabilities
B. cultural reasons
C. financial reasons
D. differing strategies
D. differing strategies
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A company has net sales on account of $1,200,000 . Net accounts receivable at the beginning of the year are $500,000 and net accounts receivable at the end of the year are $700,000 . The average number of days that the accounts receivables were on the books was
a. 8.7 days. b. 182.5 days. c. 304.0 days. d. 439.8 days.
Anheuser-Busch, Frito-Lay, Procter & Gamble, and Warner-Lambert joined together as initial sponsors of which program that tested the effectiveness of in-store point-of-purchase displays?
A) ROI B) POPAI C) purchase simulation tests D) test markets
A(n) ________ becomes a motive when it is directed toward a particular stimulus object
A) cue B) drive C) response D) belief E) attitude
An asset's book value is $18,000 on December 31, Year 5. The asset has been depreciated at an annual rate of $3,000 on the straight-line method. Assuming the asset is sold on December 31, Year 5 for $15,000, the company should record:
A. Neither a gain nor a loss is recognized on this transaction. B. A loss on sale of $12,000. C. A gain on sale of $12,000. D. A gain on sale of $3,000. E. A loss on sale of $3,000.