If a firm increases its cash discount period, the firm's investment in accounts receivable due to non-discount takers now paying earlier is expected to decrease

Indicate whether the statement is true or false


TRUE

Business

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Groot Promotional Services uses a job order system for costing and billing promotional services for dance and ballet performances. Groot has four public relations specialists plus an office staff. At the beginning of the year, Groot estimated the total cost of salaries and benefits for the public relations specialists at $675,000 and a total of 7500 billable hours for the year. All remaining office and administrative costs were estimated at $405,000. The allocation base for office and administrative costs is billable hours. In June, Groot signed a contract for a Russian ballet performance. It estimated the new contract would require 34 hours of specialist time. What is the total cost estimate for this contract?

A) $1836 B) $4896 C) $3060 D) $1224

Business

A firm’s____ are its tangible and intangible assets a firm uses to choose and implement its strategies.

a. Resources b. Dynamic capabilities c. Core competencies d. Net worth e. None of the above

Business

Describe the value -in-use pricing approach with an example

What will be an ideal response?

Business

Parties and witnesses can be deposed

Indicate whether the statement is true or false

Business