Under the CISG, avoidance of a contract cancels any provision for settlement of disputes

a. True
b. False
Indicate whether the statement is true or false


False

Business

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In the context of SWOT analysis, strength refers to the ________

A) unique sources of advantage that the marketing plan should leverage B) circumstances that limit the company's performance and should be addressed C) potentialities that would improve profitability and should be addressed D) current and possible factors that could impede performance E) aspects of the geo-political environment that strengthen the stand of the business at present

Business

A cereal company includes one premium coupon in every cereal box. Upon returning 10 such coupons to the company, a customer will be sent a free cereal bowl. In a recent year, the company sold 200,000 boxes of cereal for $1 a box. It is estimated that 20% of the coupons will be returned. If the cereal bowls cost the company $3 each, what amount of liability for premium redemptions must be recorded

by the company? a. $ 6,000 b. $ 12,000 c. $ 24,000 d. $200,000

Business

Use the information in the adjusted trial balance presented below to calculate current assets for Wicked Wicker Company:Account TitleDr. Cr.Cash$23,000    Accounts receivable 16,000    Prepaid insurance 6,600    Equipment 100,000    Accumulated depreciation-Equipment   $50,000 Land 95,000    Accounts payable    17,000 Interest payable    2,400 Unearned revenue    5,000 Long-term notes payable    30,000 Retained earnings    136,200 Totals$240,600 $240,600 

A. $95,600. B. $21,200. C. $24,400. D. $45,600. E. $41,200.

Business

The money market hedge is less flexible because money market vehicles are somewhat thin in many currencies.

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

Business