Which of the following is most likely to be considered a service department in a manufacturing plant?
a. Assembly
b. Janitorial
c. Finishing
d. Fabrication
b
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Owner's equity is also called ________.
A. debt B. assets C. liabilities D. net worth
What is the maximum saver's credit available to any taxpayer in 2019?
A. $2,000. B. $500. C. $1,000. D. It depends on the filing status of the taxpayer.
Venus Corp. is a company that sells collectible plates. If you order one plate from the company, you will receive multiple mailings each month providing you with information relating to new products and offers. Which promotional element is Venus Corp. using in this scenario?
A. publicity B. pricing C. direct marketing D. sales promotion E. advertising
In January, a buyer and a seller agreed on the sale of 10,000 pounds of tomatoes to be delivered on July 1. The contract stated that the seller would set the price on June 15 and that the buyer would pay the price on delivery. On June 15, the market
price of tomatoes was approximately 75 cents per pound. The seller set the price at $1.50 per pound and the buyer demanded that the price be lowered.? ? When the parties could not agree, a lawsuit developed. The key issue was whether the seller had the right to set the $1.50 price. Decide.