The private placement exception to registration of securities allows raising an unlimited amount
of capital from an unlimited number of accredited investors.
Indicate whether the statement is true or false
TRUE
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At times, Hermione is not happy with the ways in which she and Harry converse. She has decided to talk to Harry about how they talk to one another. Hermione’s intent is an example of ______.
Fill in the blank(s) with the appropriate word(s).
Oswald purchased land for $48,000 and paid an additional $2,000 to install parking space. The entry to record the payment for the parking space is:
A) Land 50,000 Cash 50,000 B) Land Improvements 50,000 Cash 50,000 C) Land Improvements 2,000 Cash 2,000 D) Land Improvements 46,000 Cash 46,000
The most effective sales presentations involve the customer asking questions and the salesperson presenting a formal presentation
Indicate whether the statement is true or false
Joe’s Donut Hole wishes to estimate an appropriate reorder point for cases of a raw material used in making donut icing. The average daily demand is 2 cases. The lead time for replenishment orders is 10 days with an estimated lead time demand standard deviation of 2 cases. For a 99% service level, what should the reorder point for this item be?
a. 21.64 b. 24.66 c. 26.66 d. Reorder point cannot be determined from the information given