During the negotiations, it became apparent that the buyer had not understood the delivery schedule correctly. This most likely made the situation:
A) more difficult, as the sales team clearly cannot communicate details effectively
B) more difficult, as the sales team must start the whole negotiating process again
C) more difficult, as the buyer was not capable of agreeing to the complex terms
D) easier, as the buyer gave in to the seller with an apology for misunderstanding
E) easier, as the sales team needed to clarify details instead of renegotiate
E
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Richards, Inc exchanged a piece of equipment with an original cost of $82,000, accumulated depreciation to date of $40,000, and a fair value of $46,000 for a similar piece of equipment. Cash flows are not expected to change significantly. The newly acquired equipment had a book value of $40,000 and a fair market value of $41,000. At what value should Richard record the newly-acquired equipment?
A) $40,000 B) 41,000 C) $42,000 D) $46,000
Define cognitive dissonance. Describe the conditions under which people are more likely to try to reduce it, and ways that people do this. Give an example of a time when you felt cognitive dissonance in your own life, and describe how you dealt with it.
What will be an ideal response?
Fractions are mathematical expressions for the _____________ of two quantities
a. sum b. total c. difference d. quotient
An arrangement in which the shareholders transfer their stock certificates to a trustee who is empowered to vote the shares is known as ________
A) supramajority voting B) voting trust C) cumulative voting D) noncumulative voting