The implied warranty of fitness for a particular purpose may apply to merchants and nonmerchants alike
a. True
b. False
Indicate whether the statement is true or false
True
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Cash flow from operations to capital expenditures ratio
a. Interest expense b. Income tax expense c. Cash flow from operations before interest and tax payments d. Cash paid for acquisitions e. Cash flow from operations f. Total dividends paid g. Interest payments h. Principal payments on debt
The Game Zone sells computer and other electronic games. The store has budgeted sales for January Year 2 as indicated in the following table. The company expects a 4 percent increase in sales for the month of February and a 3 percent increase for March.SalesJanuaryFebruaryMarchCash sales$ 40,000??Sales on account$ 80,000??Total budgeted sales$ 120,000??Required:(a) Complete the sales budget by filling in the missing amounts.(b) What is the amount of sales revenue the company will report on its pro forma income statement for the first quarter?
What will be an ideal response?
In the Vroom/Jago approach, if a leader’s expertise or information is minimal, then he or she should ______.
a. postpone the decision b. make the decision him/herself c. involve followers in the decision-making d. go up the chain of command and ask someone above him/her
VALS FrameworkVALS creates profiles of people based on their primary motivation and resources. In the VALS framework above, B refers to
A. Achievement. B. Self-Expression. C. Ideals. D. Innovators. E. Survivors.