O'Malley negotiates an order instrument to Phil by
A) anassignment of O'Malley's rights under a contract
B) adelivery to Phil with any necessary indorsement.
C) making an unconditional promise to pay.
D) presenting it in response to a demand by Phil.
B
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The degree of operating leverage is greatest in companies that have high fixed costs and low variable costs per unit
Indicate whether the statement is true or false
Due to budget cuts, Alec has been asked by his senior managers to lay off three people. Which form of communication should Alec use with those three people?
a. written channel by making a presentation to each individual b. written channels by sending an e-mail to all involved c. oral channels d. a combined channel by talking to everyone and then sending out a memo
When Jim Poss pondered the feedback he received on the prototype of his solar-powered trash compactor and decided to incorporate the feedback into the next production run, he was practicing the skill of:
a. play b. empathy c. reflection d. prediction
Gladiator, Inc uses the direct method to prepare its statement of cash flows
Use the following information reported for 2016 to compute the amount of cash paid for merchandise inventory. Cost of Goods Sold, $134,000 Merchandise Inventory, beginning balance, $27,000 Merchandise Inventory, ending balance, $67,000 Accounts Payable, beginning balance, $7,600 Accounts Payable, ending balance, $5,000 A) $176,600 B) $94,000 C) $174,000 D) $171,400