In decision trees, EMVs are calculated through a ____ process

a. "pay it forward"
b. "going forward"
c. "folding back"
d. time value


c

Business

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As a result of taking a physical inventory count on December 31, 2016, the Mona Lisa Company inventory was determined to be $61,500. The auditors for Mona Lisa suspected an inventory shortage and used the gross profit method to estimate the ending inventory. The accounting records for the company contained the following information: Inventory (1/1/16) $ 130,000 Purchases (2016) 760,000 Sales

(2016) 1,020,000 Sales returns (2016) 60,000 Gross profit ratio 25% of sales Using the gross profit method, what did the auditors estimate as the amount of the inventory that should have been on hand at December 31, 2016? A) $240,000 B) $170,000 C) $125,000 D) $ 61,500

Business

Retailers can reduce the knowledge gap and develop a better understanding of customer expectations by undertaking customer research.

Answer the following statement true (T) or false (F)

Business

______ are statements of what is to be accomplished in singular, specific, and measurable terms, with a target date.

A. Objectives B. Organizational structure C. Strategy D. Vision

Business

If a minor wishes to be bound to a contract after becoming an adult, she must:

A) Disaffirm the contract. B) Ratify the contract. C) Give back the goods or services received as a minor. D) Bring an action to verify the contract.

Business