A company that views employees as resources is most likely to pay the employees ____
A. at market rates
B. below the market rates
C. above the market rates
D. only minimum wages
E. overtime rates only if they meet certain targets
Answer: C. above the market rates
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Through ________, a partner firm in the foreign market buys the right to use a company's manufacturing process, patent, or brand
A) indirect exporting B) licensing C) contract manufacturing D) direct investment E) joint ownership
On September 12, Ryan Company sold merchandise in the amount of $9400 to Johnson Company, with credit terms of 2/10, n/30. The cost of the items sold is $5800. Ryan uses the periodic inventory system and the net method of accounting for sales. The journal entry or entries that Ryan will make on September 12 is (are):
A.
| Accounts receivable | 9400? | |
| Sales | 9400? | |
| Cost of Goods Sold | 5800? | |
| Merchandise inventory | 5800? |
B.
| Accounts receivable | 9212? | |
| Sales | 9212? |
C.
| Sales | 9400? | |
| Accounts receivable | 9400? |
D.
| Accounts receivable | 9400? | |
| Sales | 9400? |
E.
| Accounts receivable | 9212? | |
| Sales | 9212? | |
| Cost of goods sold | 5800? | |
| Merchandise Inventory | 5800? |
A classified balance sheet is necessary for calculating a company's current ratio.
Answer the following statement true (T) or false (F)
Estimating ________ is one part of managing short-term cash needs. The second part is estimating ________
A) cash inflow; accounts payable B) cash inflow; cash outflow C) accounts receivable; cash outflow D) accounts receivable; cash inflow