A printed price of manufacturer or wholesaler that is subject to special discounts is called a
a. net price; b. gross price; c. list price; d. trade price; e. purchase requisition
C
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Which of the following is true about determining whether someone working for another is an
independent contractor or an employee? A) The classification of the person doing the work depends on if the person is also an agent. B) The classification of the person doing the work depends on a number of factors, with no single factor being any more important that the others. C) The classification of the person doing the work depends on that person's job title. D) The classification of the person doing the work depends on whether the parties to the arrangement consider the person doing the work to be an employee or independent contractor.
One of your colleagues at Deutsche Bank thinks that the dollar is severely undervalued relative to the yen. He has calculated that the PPP exchange rate is ¥140/$, whereas the current exchange rate is ¥105/$
Because interest rates are 3% p.a. lower in Japan than in the United States, he thinks that this is a good time to speculate by borrowing yen and lending dollars. What do you think?
Air pollution permits are not needed for stores and buildings not related to production processes that emit pollutants
a. True b. False Indicate whether the statement is true or false
A company had a normal $51,000 cash balance on their adjusted trial balance. If revenues, expenses and dividends respectively were $91,000; $20,000 and $3,000 what amount of cash will be found on the post-closing trial balance?
A) $122,000 normal balance B) $51,000 normal balance C) $119,000 normal balance D) $165,000 normal balance