Fabien offers to sell his Graphic Signs, LLC, business to Hana for $100,000 . Hana replies, "The price is too high. I will buy it for $75,000.". Hana has
a. accepted the offer.
b. made a counteroffer without rejecting the offer.
c. rejected the offer and made a counteroffer.
d. rejected the offer without making a counteroffer.
c
You might also like to view...
Answer the following statements true (T) or false (F)
1. There are a nearly unlimited number of topics about which we can share information. 2. A speech about an object can cover anything tangible. 3. A speech about an idea is also known as a concept speech. 4. If you speak on an event, you should have personally witnessed it so you have credibility.
Rice Corporation manufactures two styles of lamps—a Bedford Lamp and a Lowell Lamp
The following per unit data are available: Bedford Lamp Lowell Lamp Sales price $26 $36 Variable costs $14 $26 Machine hours required for one lamp 4 5 Total fixed costs are $50,000. Machine hour capacity is 25,000 hours per year. Assuming that the company can sell as many products as it can make, which product mix would deliver the highest operating income? A) 5,000 Bedford Lamps and 6,250 Lowell Lamps B) 0 Bedford Lamps and 5,000 Lowell Lamps C) 6,250 Bedford Lamps and 0 Lowell Lamps D) 6,250 Bedford Lamps and 6,250 Lowell Lamps
Suppose that the production manager procures an additional 10 labor hours. What impact will this have on the current optimal objective function value?
A) an increase of $50 B) an increase of $5 C) no change D) an increase of $35 E) a decrease of $165
The price/unit minus the variable cost/unit is
A) loss/unit when sales are below the break-even point. B) the break-even point. C) the Z value. D) EOL. E) None of the above