The ________ states that a merchant who offers to buy, sell, or lease goods and gives a written and signed assurance on a separate form that the offer will be held open cannot revoke the offer for the time stated or, if no time is stated, for a
reasonable time.
A) gap-filling rule
B) firm offer rule
C) mirror image rule
D) open term rule
B
Business
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What is the required return for a stock that has a 6% constant growth rate, a price of $25, an expected dividend of $2, and a P/E ratio of 10?
A) 14% B) 5% C) 22% D) 10%
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A decrease in the current asset account Prepaid Insurance.
a. Operating b. Investing c. Financing d. Supplemental
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