Windstar Heli-Pads, Inc., enters into a contract to employ Valerie as an on-site project manager for two years. Windstar breaches the contract. Valerie has a duty to
A. do nothing.
B. reduce the damages that Valerie might otherwise suffer.
C. breach the contract with Windstar.
D. sue Windstar to deter others from similar acts.
Answer: B
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While the indirect method is prevalent in the construction of cash flow statements in the U.S., why might a firm choose to construct its cash flow statement using the direct method?
a. The direct method will always show a higher net change in cash. b. The direct method is usually easier for users to understand. c. The direct method is required by some industries. d. The direct method will always make the firm's management look better. e. None of the above answer choices is correct.
Answer the following statements true (T) or false (F)
Legal remedies available to lessors in the event of lessee default treat leases like unilaterally unperformed executory contracts.
________ is the cost of a foregone alternative
A) Opportunity cost B) Time value of money C) Inflation D) An annuity
Airfreight
A. can reduce the cost of preparing goods for distribution. B. serves many more locations than trucks. C. can help reduce inventory costs. D. efficiently delivers all types of goods. E. has rates one third the rates of trucks.