Rosalind, a seventeen-year-old, signs a contract to sell her car to Street Fleet Used Cars. The next day, Rosalind tells Street Fleet that she's decided not to sell the car. Rosalind is liable to Street Fleet for?
A)?the cost of a car of comparable value
B)?the value of her performance under the contract.
C)?the amount of its profit on the deal.
D)?nothing.
D
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The formula for calculating the cash ratio is ________.
A) (Cash) / Total liabilities B) (Cash + Cash equivalents) / Total current liabilities C) (Cash + Cash equivalents) / Total assets D) (Cash equivalents) / Total current liabilities
Rico's Taqueria had cash inflows from operating activities of $27,000; cash outflows from investing activities of $22,000, and cash outflows from financing activities of $12,000. Calculate the net increase or decrease in cash.
A. $61,000 increase. B. $34,000 decrease. C. $7,000 decrease. D. $7,000 increase. E. $37,000 increase.
Logan manages a popular paintball business and oversees 15 employees. Even though he worked his way up and has a good amount of experience, he is careful to not be too quick to offer advice to his employees when they come to him with problems. Logan does this because he knows that ______.
a. employees will lose respect for him if he gives them advice b. it tends to close or limit discussion c. it’s always better for employees to figure things out on their own d. it tends to direct the flow of communication away from the receiver to the sender
________ is the set of actions that its managers take to outperform the company's competitors and achieve superior profitability.
A. Strategic intent B. A strategy C. A market vision D. A mission statement E. A cost-price framework