When a company has long-term investments, it means they ______.
a. have cash, stocks, bonds, and real estate that has been on their books longer than one year
b. should be selling them soon so they can become short-term profit
c. have more cash than they need and they are wasting it on long-term investments
d. are going for a bank loan
a. have cash, stocks, bonds, and real estate that has been on their books longer than one year
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From the following details provided by Segura, Inc., prepare the cost of goods sold budget for the year.
Sanchez Company's output for the current period was assigned a $200,000 standard direct materials cost. The direct materials variances included a $5,000 favorable price variance and a $3,000 unfavorable quantity variance. What is the actual total direct materials cost for the current period?
A. $205,000. B. $208,000. C. $198,000. D. $192,000. E. $202,000.
A shipment contract requires a seller to ship goods by a carrier
Indicate whether the statement is true or false
Nyoko signs a covenant not to compete with her employer, Midstate Distribu-tion, Inc The covenant will be enforced if it A) does not require either party to obtain a business license
B) is reasonable with respect to geographic area and time. C) relieves Midstate from liability for any injury to Nyoko due to simple negligence. D) none of the choices.