Yvonne finds a carpenter to do some repairs for her house and tells him that if he finishes the job by Saturday, she will pay him $1,000. Yvonne's offer creates a(n) ________ contract.
A. executed
B. unilateral
C. executory
D. bilateral
Answer: B
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During August, Boxer Company sells $356,000 in merchandise that has a one year warranty. Experience shows that warranty expenses average about 5% of the selling price. The warranty liability account has a credit balance of $12,800 before adjustment. Customers returned merchandise for warranty repairs during the month that used $9,400 in parts for repairs. The entry to record the estimated warranty expense for the month is:
A. Debit Estimated Warranty Liability $17,800; credit Warranty Expense $17,800. B. Debit Estimated Warranty Liability $9,400; credit Warranty Expense $9,400. C. Debit Warranty Expense $14,400; credit Estimated Warranty Liability $14,400. D. Debit Warranty Expense $17,800; credit Estimated Warranty Liability $17,800. E. Debit Warranty Expense $5,000; credit Estimated Warranty Liability $5,000.
External dimensions include:
A) Physical ability B) Religion C) Age D) Seniority
Which of the following is not usually an effective strategy for overcoming core rigidities?
a. Creative destruction b. Unlearning c. Corporate imagination d. Deep pockets e. Experimentation
The current ratio is computed by dividing current assets by ____________________
Fill in the blank(s) with correct word