Proposals-whether formal or informal-explain a problem or need and offer a solution
Indicate whether the statement is true or false
True
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Milton-Normand Inc. obtains a return of 13.5% from total invested capital of $790.6 million. Calculate the net profit it generates
A) $325.3 million B) $159 million C) $84.7 million D) $233.5 million E) $106.7 million
What do firms need to consider when entering an alliance?
a. Choose and integrate the alliance management team and team members b. Know when best to exit the partnership c. The financial capacity of the partner firm d. a and b
Which of the following statements is not true?
A. An unadjusted trial balance shows the account balances after they have been revised to reflect the effects of end-of-period adjustments. B. The fiscal year is any 12 consecutive months (or 52 weeks) used by a business as its annual accounting period. C. Property, plant, and equipment are referred to as plant assets. D. An income statement reports revenues earned less expenses incurred. E. Interim financial reports can be based on one-month or three-month accounting periods.
Olga, a salesperson for Pre-owned Cars & Trucks, Inc., tells Quincy, "This is the best car I've ever seen." This statement is
A. an express warranty. B. an implied warranty. C. a warranty of title. D. puffery.