When borrowing or lending money, what is principal?
What will be an ideal response?
The amount of money borrowed or lent, not including interest. It can refer to the original amount or the amount remaining to be paid.
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Comparing one company with another in the same industry should cause no problems since companies in the same industry are required to use the same GAAP
a. True b. False Indicate whether the statement is true or false
Light backgrounds work best for presentations intended to be read on a computer, projected in a small or well-lit room, or printed for your audience
Indicate whether the statement is true or false.
Companies racing against rivals for global market leadership need strategic alliances and collaborative partnerships with companies in foreign countries to
A. help wage price wars against foreign competitors. B. help raise needed financial capital from foreign banks and use the brand names of their partners to make sales to foreign buyers. C. combat the bargaining power of foreign suppliers and help defend against the competitive threat of substitute products produced by foreign rivals. D. exercise better control over efforts to revamp the global industry value chain. E. get into critical country markets quickly, gain inside knowledge about unfamiliar markets and cultures, and access valuable skills and competencies that are concentrated in particular geographic locations.
Jackie hires Charles to lay new carpet in her bedroom. Charles does such a bad job, that the only way to fix the carpet is to start over and relay the carpet. Which of the following best describes this situation?
a. This is substantial performance. Jackie must still pay something to Charles. b. This is a material breach. Jackie must still pay something to Charles. c. This is substantial performance. Jackie owes nothing to Charles. d. This is a material breach. Jackie owes nothing to Charles.