The following are exceptions to the Statute of Frauds requirement under the UCC that contracts
for the sale of goods of $500 or more must be in writing except:
A) Part acceptance of goods.
B) Admissions in pleadings or court.
C) Specially manufactured goods.
D) A, B, or C.
E) A or B only.
D
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Which of the following statements is true?
A) The direct materials purchases budget is determined from the direct labor budget. B) The sales budget is the only budget based on an estimate of customer demand. C) The capital expenditures budget are prepared from the production budget. D) The selling and administrative expense budget is input into the forecasted cost of goods sold.
The two-way flow of communication between a salesperson and a customer that is paid for by the firm and seeks to influence the customer's purchase decision is referred to as
A. public relations. B. sales promotion. C. publicity. D. advertising. E. personal selling.
On January 1, 2015, Alda Solutions paid $200,000 to acquire Fancy Phones, Inc, an electronic gadget-advertising website
At the time of the acquisition, Fancy Phone's balance sheet reported total assets of $200,000 and liabilities of $100,000. The fair market value of Fancy Phone's assets was $200,000. The fair market value of its liabilities was $100,000. At the end of 2018, goodwill was measured, and its fair value was determined to be $60,000. Record the impairment of goodwill. What will be an ideal response
If a firm utilizes debt financing, an X% decline in earnings before interest and taxes (EBIT) will result in a decline in earnings per share that is larger than X.
Answer the following statement true (T) or false (F)