The primary reason for offering customers credit is to
A) increase the predictability of cash flows.
B) stimulate sales.
C) smooth billing cycles.
D) reduce the risk of nonpayment.
E) speed cash flows.
B
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On December 31, Strike Company traded-in one of its batting cages for another one that has a cost of $500,000.Strike receives a trade-in allowance of $11,000 . The old equipment had an initial cost of $215,000 and hasaccumulated depreciation of $185,000 . Depreciation has been recorded up to the end of the year. The differencewill be paid in cash. What is the amount of the gain or loss on this
transaction? a. loss of $11,000 b. no loss or gain will be recorded c. loss of $19,000 d. gain of $11,000
What type of leader uses creative deployment of self through positive self-regard and emphasizes his or her strengths rather than dwelling on weaknesses?
A. servant B. transformational C. path-goal D. transactional
The C in the acronym for the OUCH test stands for what?
A. Consistent in Effect: ensuring the result is not significantly different for different groups B. Contained approach: restrained or calm C. Capitulating effort: to stop resisting; to accept something you were resisting or opposing D. Circumvented: to get around something in a clever and sometimes dishonest way E. None of the above
A(n) ________ is an occurrence or situation over which the decision maker has little or no control
Fill in the blanks with correct word