In some industries it is a routine practice to draft contracts permitting imperfection in the seller's goods, thereby limiting the effect of the perfect tender rule by the parties' agreement
a. True
b. False
Indicate whether the statement is true or false
True
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Last year Central Chemicals had sales of $205,000, assets of $127,500, a profit margin of 5.3%, and an equity multiplier of 1.2. The CFO believes that the company could reduce its assets by $21,000 without affecting either sales or costs. Had it reduced its assets in this amount, and had the debt-to-assets ratio, sales, and costs remained constant, by how much would the ROE have changed?
A. 1.81% B. 2.02% C. 2.22% D. 2.44% E. 2.68%
In a full factorial design, researchers assign experimental units to each treatment level combination.
Answer the following statement true (T) or false (F)
A(n) __________ requires estimating inventory balances during the year for interim financial statements and a formal count of all inventory items at the end of the year
a. periodic inventory system b. inventory control account c. perpetual inventory system d. inventory cost method
Avoid _____________________ gender terms for either females or males
a. specific b. demeaning or condescending c. non-descriptive d. unfamiliar