When one party to a contract fails to perform as promised, it is called
A) litigation
B) breach.
C) liquidated damages.
D) bad faith.
B
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What can effective and efficient supply chain management systems enable an organization to accomplish?
A. Increase its supplier power. B. Increase the power of its buyers. C. Increase switching costs to increase the threat of substitute products or services. D. All of these.
The Lumber Division of Home Innovations Company reported the following results for a recent year Sales $8,000,000 Expenses 6,250,000 Total assets (1/1) 5,000,000 Total assets (12/31) 5,400,000 Refer to the Lumber Division What was the asset turnover ratio of the Lumber Division?
a. 1.538 b. 2.97 c. 0.650 d. 1.20
Crestfield leases office space for $6000 per month. On January 3, the company incurs $38,000 to improve the leased office space. These improvements are expected to yield benefits for 5 years. Crestfield has 2 years remaining on its lease. What journal entry would be needed to record the expense for the first year related to the improvements?
A. Debit Amortization Expense $19,000; credit Accumulated Amortization $19,000. B. Debit Depletion Expense $38,000; credit Accumulated Depletion $38,000. C. Debit Depletion Expense $19,000; credit Accumulated Depletion $19,000. D. Debit Amortization Expense $7600; credit Accumulated Amortization $7600. E. Debit Depreciation Expense $7600; credit Accumulated Depreciation $7600.
Nonlinear programming models are usually:
a. More challenging to solve than linear programming models. b. Less representative of real-world problems. c. Less accurate in the results of the final solution. d. All of the above distinguish nonlinear programming from linear programming counterparts.