A promise made by a manufacturer or dealer that a product meets certain quality standards and that defective parts will be replaced is called

a. A. guarantee.

B. premium.

C. warranty.

D. "good faith" pledge.

Missouri can produce 10,000 tons of pecans per year or 5,000 tons of pears per year. Washington can produce 12,000 tons of pecans per year or 48,000 tons of pears per year. Which of the following statements about opportunity cost is correct? A.

An asset was acquired on August 1, 2021, for $22,000 with an estimated five-year life and $2,000 residual value. The company uses straight-line depreciation. Calculate the gain or loss if the asset was sold on April 30, 2023, for $13,000.

The purchasing process interacts with the following entities: a. Inventory control, Warehouse, Vendor b. Neither of these choices c. Logistics, Finance, Vendor d. Both of these choices are correct

Coldwater Company incurred the following costs for 70,000 units: Variable costs $420,000 Fixed costs 392,000 Coldwater has received a special order from a foreign company for 3,000 units.

An investor recently purchased a corporate bond that yields 9%. The investor is in the 36% combined federal and state tax bracket. What is the bond's after-tax yield?

Corellian Engineer needs to develop a new navigation system for its YT-1300 Freighter. They opened the process to competitive bids. The best bid gave the following numbers. (All numbers in millions). What is the total cost estimate for this project

By switching its sales agents to a sales neutral profit commission, the firm is trying to convince the agents a. Improve their compensation by pricing more aggressively (lowering prices) b.

The income statement for the Larkspur, Inc. for the month ended July 31 shows Service Revenue $17,120, Salaries and Wages Expense $9,470, Maintenance and Repairs Expense $3,430, and Income Tax Expense $1,060.

Farmer McDonald sells wheat to a broker in Kansas City, Missouri. Because the market for wheat is generally considered to be competitive, Mr. McDonald maximizes his profit by choosing a.

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