A major advantage of a centralized buying organization is low prices due to high bargaining power and quantity discounts
Indicate whether the statement is true or false
True
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According to Deborah Tannen, women tend to seek ______ talk when communicating with others, and men tend to seek ______ talk in their communication.
a. small; direct b. direct; small c. report; rapport d. rapport; report
In 2016, Morton Co sold 100 hot air balloons at $4,000 each. The balloons carry a 5-year warranty for defects. Morton estimates that repair costs will average 4% of the total selling price. The estimated warranty liability at the beginning of the year was $42,000 . $11,000 in claims was actually incurred during the year to honor their warranty. What was the balance in the ending estimated
warranty liability at the end of the year? a. $47,000 b. $42,000 c. $37,000 d. $ 5,000
Mega Industries has an intangible asset is being amortized over a ten-year time period. However, a competitor has just introduced a new product that will have a serious negative impact on the asset's value. Should the company continue to amortize the intangible asset over the ten-year life? Explain
Use the following information for the Carvel Co. to answer question The predetermined overhead rate is:
a. $5/hour. b. $83.3/hour. c. $50.6/hour. d. $53.9/hour. e. None of the answers are correct.