The potential for benefiting from the Object Adapter pattern is vast. Give examples of situations when you can use this pattern
What will be an ideal response?
When we want to use an existing class, and its interface is not what we need, a reusable class does not have compatible interface, or several existing subclasses cannot adapt their interfaces one-by-one, then an object adapter can adapt the interface of its parent class.
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Marsh Corporation borrowed $90,000 by issuing a 12%, six-month note payable, all due at the maturity date. After one month, the company's total liability for this loan amounts to:
a. $91,800 b. $90,900 c. $90,450 d. $90,000
The following items were reported on the balance sheets and income statement for the Flying Mullet Company: Accounts receivable, December 31, 2015 $ 85,000 Accounts receivable, December 31, 2016 98,000 Sales—2016 750,000 How would the change in accounts receivable be reported in the operating activities section of the statement of cash flows under the indirect method?
a. As an addition to sales b. As a deduction from sales c. As an addition to net income d. As a deduction from net income
_________ is a practice whereby a producer agrees to sell a brand to a dealer only if the dealer agrees to sell some or all of the rest of its products.
A. Horizontal price fixing B. Horizontal integration C. Full-line forcing D. Direct marketing E. Disintermediation
In smaller, new venture firms, returns are sometimes measured in terms of:
A. return on assets. B. return on equity. C. return on sales. D. the amount and speed of growth.