Mad Max retail store hires workers for $8.50 per hour, which is the same hourly rate as other nearby retail stores. Mad Max is paying _________.
A. minimum wage
B. at market
C. above market
D. below market
E. profit sharing
B. at market
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The AR master file address is a postal address, maintained by the firm's bank, which is used solely for the purpose of collecting checks
Indicate whether the statement is true or false
The following information was presented in the balance sheet of Gloria Company as of December 31, 2016: Trade accounts receivable, net of allowance for uncollectibles of $100,000 $1,600,000 Which one of the following statements is true?
a. Gloria expects that $1,700,000 of accounts receivable will be collected after year end. b. The balance in the Accounts Receivable account in Gloria's general ledger is $1,600,000. c. The net realizable value of Gloria's accounts receivable is $1,600,000. d. Gloria expects to collect only $1,500,000 from its customers.
An organization spends heavy research and development and has a product focus. This organization is likely to have a ________ driven approach to the marketplace
A) sales B) marketing C) customer D) technology
Which of the following is true about building and construction contracts?
A. The promisee who is dissatisfied with the mechanical fitness, utility, or marketability may reject the performance without liability, even if doing so is unreasonable. B. The building and construction contracts require the builder to give the owner an engineer's certificate for satisfactory performance after the owner has paid the builder for the project. C. The engineer's or architect's certificates, which are often issued at each stage of completion, indicate that the work is done to the satisfaction of the architect or engineer. D. The courts require the promisee to accept performance that would satisfy a reasonable person for contracts involving matters of personal taste and comfort.