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timurjin [86]
3 years ago
7

You are responsible for company purchases. You are talking to a salesman from a vendor who wants to sell to your company. You te

ll him you love visiting St. George, Utah. He offers you a weekend stay at his condo in St. George. You can pay rent if you want, but it is not necessary. You reject the offer. Did you do the right thing?
yes
no
Business
1 answer:
Bess [88]3 years ago
4 0

Answer:

No

Explanation:

You might be interested in
A country recently experienced a drop in consumer purchases and a rise in business inventories of durable goods. Wages grew slow
brilliants [131]

Answer:

A recession

Explanation:

A recession is a period of slow or negative economic growth that lasts several months. In a recession, there is a general decline in productivity in the economy. In other words, the GDP growth rate drops too low or turns negatives.

Due to low productivity, unemployment rate rises as the industries and services sectors lay-off workers instead of creating job opportunities.  There is reduced consumer confidence leading to low retail sales and a decline in prices.

Negative growth implies reduced levels of investment in the economy. Businesses experience low profits, and hence, stock prices fall.  Economist considers recessions a part of a normal business cycle.

8 0
2 years ago
After graduation from college, you will receive a substantial increase in your income from a new job. If you decide that you wil
Taya2010 [7]

Answer:

c. inferior good.

Explanation:

Inferior goods are items purchased buy a consumer as a result of his limited income such that when that consumer's purchasing power increases, he purchases other commodities in place of the one initially purchased.

Hence the  purchase more T-bone steak and less hamburger is an indication that hamburger is an inferior good to the consumer.

7 0
3 years ago
Suppose C1 and C2 form a partition of sample space S. Suppose A and B are two events such that the following statements are true
kirza4 [7]

Answer:

Option b. A and B are conditionally independent given C2.

Explanation:

The conditional probability of an event is the probability that a given event will occur given that another event, say A has already occurred.

In a case where events A and B are independent (in this case, where the probability of A has no  effect on the probability of B occurring), the conditional probability of an event B given that A has taken place is simply the probability of the event A.

If the two events are not independent, then the probability of an event occurs as an intersection of set A and B.

6 0
3 years ago
Bell Co. changed from a traditional manufacturing philosophy to a just-in-time philosophy. What are the expected effects of this
kotykmax [81]

Answer:

C. Increase, Decrease

Explanation:

Inventory turnover is increased because there are very low or almost nill Closing inventorya as we divide the cost of goods sold with a lower number. Inventory as a percentage to total asset will be decrease because there will be a lower value ofinventory in the balance sheet. Comparing it with total value of asset tells us the percentage of total asset.

7 0
3 years ago
Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are p
I am Lyosha [343]

Answer:

See below

Explanation:

Raw materials purchased is computed as;

Raw material purchase = Ending inventory + required for production - beginning inventory

= 50,000 + ((80,000 + 770,000 - 30,000) × 3) - 60,000

= 50,000 + 2,460,000 - 60,000

= 2,450,000 grams

8 0
3 years ago
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