Effortless Workouts, Inc, offers to sell a treadmill to Farouk and sends it to him on a trial basis. This is?
A)?a bailment
B)?a delivery ex-ship.
C)?a sale on approval.
D)?a sale or return.
C
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Which of the following groups can be divided into the two broad types of full-service and limited-service?
A) brokers B) agents C) sales branches D) specialty wholesalers E) merchant wholesalers
If a principal ratifies a contract without knowing all of the facts, the principal can rescind the contract.?
Indicate whether the statement is true or false
Carlyle Inc. is considering two mutually exclusive projects. Both require an initial investment of $14,200 at t = 0. Project S has an expected life of 2 years with after-tax cash inflows of $7,400 and $13,600 at the end of Years 1 and 2, respectively. In addition, Project S can be repeated at the end of Year 2 with no changes in its cash flows. Project L has an expected life of 4 years with after-tax cash inflows of $6,000 at the end of each of the next 4 years. Each project has a WACC of 9%. What is the equivalent annual annuity of the most profitable project? Do not round your intermediate calculations.
A. $2,294.25 B. $2,156.59 C. $1,358.20 D. $2,454.85 E. $1,616.90
Long-range planning is important for a well-managed small business firm.
Answer the following statement true (T) or false (F)