Reductions from list or quoted prices to buyers for performing some activity are referred to as
A. noncumulative deductions.
B. subsidies.
C. allowances.
D. list price deductions.
E. remittances.
Answer: C
You might also like to view...
Florence Enterprises, a subsidiary of Verona Company based in New York, reported the following information at the end of its first year of operations (all in euros): assets--1,320,000; expenses--340,000; liabilities--880,000; capital stock--80,000, revenues--400,000 . Relevant exchange rates are as follows: On date subsidiary stock was purchased ................ $1.50 Average rate for the year
............................. 1.55 At year end ........................................... 1.62 As a result of the translation process, what amount is recorded on the financial statements as the translation adjustment? a. $25,200 debit adjustment b. $34,800 debit adjustment c. $34,800 credit adjustment d. $25,200 credit adjustment
Bargaining is the best conflict resolution strategy when ______.
A. neither party believes he or she has the power to “force” the issue B. the parties have different goals C. status differences between the parties are strong D. both neither party believes he/she has the power to “force” the issue and the parties have different goals are correct choices
Based on the information in Table 4-3, the operating return on total assets is
A) 33.33%. B) 10.06%. C) 44.74%. D) 55.62%.
Nico wants to invest all of his money in just two assets: the risk-free asset and the market portfolio. What is Nico's portfolio beta if he invests a quarter of his money in the market portfolio and the rest in the risk free asset?
A) 0.00 B) 0.25 C) 0.75 D) 1.00