A company's inventory records report the following in November of the current year: BeginningNovember 15 units @ $20PurchaseNovember 210 units @ $22PurchaseNovember 126 units @ $25On November 8, it sold 12 units for $54 each. Using the LIFO perpetual inventory method, what amount of gross profit was earned from the 12 units sold?
A. $388
B. $438
C. $366
D. $577
E. $260
Answer: A
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Myanmar is considered as one of the emerging markets open for business. All of the following facts pertain to Myanmar except:
A) Myanmar is a low-income country in Southeast Asia. B) Myanmar has a population of 65 million people. C) Myanmar is one of the countries considered as "Stans." D) Myanmar's citizens elected a president. E) Only one quarter of Myanmar's population has access to electricity.
Heather owns a hair accessory company. She is looking to negotiate with her fabric supplier, which provides swimsuit material scraps, to reach a mutually beneficial agreement. Heather wants the supplier to consistently provide it with high-quality fabrics at a fair price within the allotted time frames. The fabric supplier would also be able to sell its otherwise unused scraps. The fabric supplier agrees and a formal contract is arranged. In the end, Heather has negotiated a long-term contract with the fabric supplier at a fair price, and the fabric supplier is guaranteed a new stream of business from Heather. Which type of bargaining does this scenario illustrate?
A. distributive bargaining B. competitive bargaining C. compromise bargaining D. integrative bargaining
The primary use of ______ is to support specific points, to engage the audience.
Fill in the blank(s) with the appropriate word(s).
Retailers offering ________ require customers to perform their own product selection; contact between customers and employees typically only takes place when the actual sale is made
A) limited-service B) full-service C) self-service D) specialty service E) wholesale service