Sean agrees to restore Janine's car for $2,000. Janine agrees to this amount. However, she will pay Sean only after the restoration is complete. This is an example of a(n) ________
A) quasi-contract
B) executed contract
C) bilateral contract
D) executory contract
D
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Advertising by sampling that is designed to create buzz is called ________
A) tryvertising B) groundswelling C) brand evangelizing D) viral marketing E) location-based networking
Which of the following best completes the statement, ‘The biggest predictor of whether someone will become active in a social network space, regardless of the site’s primary function, is the presence of a ______.’?
a. A strong group leader. b. Critical mass of friends. c. Chatbots to interact with visitors. d. Social media marketing team. e. None of these.
Health Defense sells first aid kits and uses the periodic inventory system to account for its merchandise. The beginning balance of the inventory and its transactions during January were as follows:January 1: Beginning balance of 18 units at $13 eachJanuary 12: Purchased 30 units at $14 eachJanuary 19: Sold 24 units at a selling price of $30 eachJanuary 20: Purchased 24 units at $17 eachJanuary 27: Sold 27 units at a selling price of $30 eachIf the ending inventory is reported at $357, what inventory method was used?
A. FIFO. B. LIFO. C. Weighted average. D. Specific identification. E. Retail inventory method.
Dinkins Company purchased a truck that cost $96,000. The company expected to drive the truck 100,000 miles over its 5-year useful life, and the truck had an estimated salvage value of $15,000. If the truck is driven 36,000 miles in the current accounting period, what would be the amount of depreciation expense for the year? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.)
A. $38,400 B. $34,560 C. $16,200 D. $29,160