Market ratios indicate what price investors are willing to pay for ownership in the company
Indicate whether the statement is true or false
TRUE
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When the contract is approved is an example of a(n) _________ clause
Fill in the blank(s) with correct word
Place utility is created by the customer having access to the product to use or store for future use.
Answer the following statement true (T) or false (F)
Marilyn brought her $300 silk dress to University Dry Cleaners to be cleaned. On the back of the ticket she received in exchange for the dress was written, "liability limited to five times the cost of cleaning." Marilyn's dress was lost and University now claims it owes her only $50, five times the cost of cleaning. Is that true?
A) Yes, because Marilyn is a bailor. B) No, because the cleaner is not a common carrier. C) No, because the limitation was not communicated to her before she bailed the property. D) Yes, because the cleaner had the right to limit its liability to a reasonable amount.
Which of the following would be added to net income in the operating activities section of a statement of cash flows prepared using the indirect method?
A. an increase in property, plant, and equipment. B. a decrease in accounts receivable. C. a decrease in accrued liabilities. D. an increase in prepaid expenses.