The status of a third party is determined by:

a) the type of contract.
b) whether the third party gave consideration
c) the reasonable expectations of the third party
d) the intent of the contracting parties.


d) the intent of the contracting parties.

Business

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Which of the following would not be included in a selling and administrative expenses budget?

A. Cash payments for selling and administrative expenses B. Budgeted interest expense C. Budgeted rent expense D. Budgeted salary expenses

Business

The pricing method that is used primarily by service businesses is

a. return on assets pricing. b. gross margin pricing. c. target cost pricing. d. time and materials pricing.

Business

Simms Corp. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's projected IRR can be less than the WACC or negative, in both cases it will be rejected.  Year 0     1   2   3   Cash flows -$1,025 $425 $425 $425

A. 9.64% B. 10.82% C. 12.58% D. 11.29% E. 11.76%

Business

There are 13 federal judicial circuits

Indicate whether the statement is true or false

Business