Which retail institution commonly uses locations based in racetracks, stadiums, and arenas?

a. off-price retail chain
b. flea market
c. factory outlet
d. membership club


b

Business

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The ISO 9000 principle of leadership includes

a) taking advantage of fully involved employees. b) establishing unity of purpose. c) basing decisions on the analysis of accurate, relevant, and reliable data. d) following a systems approach to management

Business

A company needed a new building. It found a suitable location with an existing old building on the land. The company reached an agreement to buy the land and the building for $960,000 cash. The old building was demolished to make way for the needed new building. Following is information regarding the demolition of the old building and construction of the new one: Construction cost of new building $8,900,000Cost for parking lot……………………………………….  $260,000Demolition of old building…………………………………. 200,000Proceeds from sale of salvaged materials from old building  70,000Prepare a single journal entry to record the above costs assuming all transactions are paid in cash.

What will be an ideal response?

Business

In contract law, "consideration" refers to the time that a party takes to evaluate a deal.

Answer the following statement true (T) or false (F)

Business

The sum of the fixed costs and the variable costs attributed to the units produced is the selling price.

Answer the following statement true (T) or false (F)

Business