Which type of incentive is designed to change purchasing habits over the long term?
A) financial
B) consumer
C) convenience
D) value-added
D
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If you were giving a demonstrative informative presentation on how to change a tire, what type of props or multimedia could you bring to the presentation?
What will be an ideal response?
The remedy of reformation:
a. applies only when money damages are inadequate. b. can be used to correct mistakes in the original contract c. is available if fraud is involved. d. is a commonly used remedy.
Venus Inc. recently borrowed $750,000 from its bank at a simple interest rate of 10 percent. The loan is for six months. The loan agreement requires the interest to be added to the amount borrowed and the total amount to be repaid in monthly installments. What is the loan's effective annual rate (EAR)?
A. 18.18% B. 17.50% C. 18.32% D. 14.12% E. 16.94%
Use the following income statement and information about selected current assets and current liabilities to calculate the net cash provided or used by operating activities using the indirect method.PULLMAN COMPANYIncome StatementFor Year Ended December 31, 20X2Sales?$180,000Cost of goods sold? 104,000Gross profit from sales?$ 76,000Operating expenses:?? Salaries and wages expense$25,000? Depreciation expense7,000? Rent expense7,200? Interest expense 1,900 41,100Income from operations?$34,900Loss on sale of land? 3,500Net income?$31,400???Selected beginning and ending balances of current asset and current liability accounts, all of which relate to operating activities, are as follows:?Balance?Dec. 31, 20X2Dec. 31, 20X1Accounts
receivable$27,600$24,000Merchandise inventory22,30020,000Prepaid rent550400Accounts payable27,10026,000Salaries and wages payable10,4009,000Interest payable300250 What will be an ideal response?