Able, a resident of New York, has a dispute with Baker, a resident of Illinois, involving a contract signed and performed in New York. His damages amount to $50,000, and he wants to sue. The case can be brought:

a. in the New York state courts.
b. in the New York federal court.
c. only in the Illinois state courts.
d. in either the New York state courts or the New York federal court.


a

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Based on the aging of its accounts receivable at December 31 . Quanto Company determined that the net realizable value of the receivables at that date is $760,000 . Additional information is as follows: Accounts Receivable at December 31 ................ $880,000 Allowance for Doubtful Accounts at January 1 ...... 128,000 (cr) Accounts written off as uncollectible during the year

............................................ 88,000 Quanto's doubtful accounts expense for the year ended December 31 is a. $80,000. b. $96,000. c. $120,000. d. $160,000.

Business

Vertical stretch goals are

A. aligned with current activities, including productivity and financial results. B. the goals that conflict with people's personal values and interests. C. the set of goals whose primary focus is to protect organizations from being sustainable. D. the targets that merely exhort employees in general terms to improve performance. E. subjective and not objective.

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Which theory rejects the idea that social problems can be broken down into separate issues that only affect specific identity groups?

a. realistic conflict b. equity *c. intersectionality d. critical race

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A discount merchandiser is likely to have a higher inventory turnover than more upscale stores with higher merchandise prices.

Answer the following statement true (T) or false (F)

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