On January 16, Deb offers to sell her waterbed to Colleen for $600 . Colleen accepts and agrees to pay Deb $600 on January 27 . Which of the following is correct?
a. Until January 16, the contract was executory.
b. On January 16, the contract was executed.
c. This contract is a unilateral contract.
d. There is no contract until January 27.
a
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The idea that all the main points you discuss should be of equal weight or substance, means that your outline should consist of______.
a. harmonize points b. coordinate points c. consistency points d. equal points
When analyzing the results of the test data method, the auditor would spend the least amount of time reviewing
a. the test transactions b. error reports c. updated master files d. output reports
The assets for the balance sheet must equal the liabilities and stockholders' equity
Indicate whether the statement is true or false
The employees of Vintage Clothes achieved all of the sales goals for 2017. Vintage decides to reward the employees with a bonus of 20% on annual net income, after deducting the bonus. The net income before the calculation of the bonus is $312,000. What is the amount of the bonus? (Round your final answer to the nearest dollar.)
A) $62,400 B) $52,000 C) $55,059 D) $12,480