On October 20, Revere Products purchased lamps from A&L Imports for $7,500 with terms of 4/15, n/30. On the last day of discount, Revere Products sent in a $3,000 partial payment. a. What is the last day of discount? b. How much credit did Revere get for the partial payment?
a. November 4
b. $3,125
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Rolling Hills Golf Course is planning for the coming golfing season. Investors would like to earn a 10% return on the company's $60,000,000 of assets. The company primarily incurs fixed costs to groom the greens and fairways. Fixed costs are projected to be $30,000,000 for the season. About 500,000 rounds of golf are expected to be played each year. Variable costs are about $17 per round of golf. Rolling Hills Golf Course has a favorable reputation in the area and, therefore, has some control over the sales price of a round of golf. Using a cost-plus pricing approach, what sales price should Rolling Hills charge for a round of golf to achieve the desired profit?
A) $60 B) $77 C) $43 D) $89
Three cultural factors that are important to effective communication include:
a. understanding the business communication in the other culture, knowledge of how business communication is taught in the other culture, and knowing that content errors are more difficult to discern than language errors. b. understanding the business communication in the other culture, knowing that syntactic errors are important, and a second language makes errors easier to detect. c. knowledge of how business communication is taught in the other culture, knowing that syntactic errors are important, and a second language makes errors easier to detect. d. knowing that content errors are more difficult to discern than language errors, understanding the business communication in the other culture, and a second language makes errors easier to detect.
In the conclusion of your speech, you say, I recommend developing and posting high-quality video podcasts on our website to recruit new employees. You are using the conclusion to A) preview your main points
B) review the main theme of the presentation and to provide a final recommendation. C) seek personal recognition by company management. D) prove your intelligence.
Lana wrote a check knowing that she did not have sufficient funds in her account. What is this practice called?
a. check kiting b. bouncing a check c. check forgery d. check covering