A promise that the law will enforce is:
A) a contract.
B) a void contract.
C) an offer.
D) an acceptance.
A
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Which of the following will be included in the marketing cost?
A) cost of capital B) research and development expenditure for a new product C) cost of product samples D) salaries of shop floor workers
Many banks use automated _____ to determine a client's creditworthiness.
Fill in the blank(s) with the appropriate word(s).
Quantitative risk assessment methods include
A) quantitative risk analysis. B) data gathering and representation techniques. C) expert judgment. D) all of the above.
The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Northview Company as they appear on the company's adjusted trial balance. Accounts Payable$12,000? Accounts Receivable 22,000? Inventory 22,200? Advertising Expense 17,500? Cost of Goods Sold 133,000? Delivery Expense 7100? Income Tax Expense 4000? Insurance Expense 1000? Rent Expense 16,400? Sales Revenue 270,000? Sales Discounts 9900? Sales Returns & Allowances 35,500? The gross profit percentage would be closest to:
A. 74.2%. B. 87.1%. C. 40.8%. D. 34.9%.