Commercial Supply Corp

question 14

Multiple Choice

Commercial Supply Corp.bills its accounts on terms of 2/10 net 30.The firm's accounts receivable include $200,000 that has been outstanding for ten or fewer days,$126,000 outstanding for 11 to 30 days,$98,000 outstanding for 31 to 40 days,$12,000 outstanding for 41 to 50 days,$20,000 outstanding for 51 to 60 days,and $7000 outstanding for more than 60 days.Is the aging schedule for Commercial Supply Corp.bottom heavy?

• A)No,since 70% of the outstanding sales are on time and the percentage of long term outstanding payments is low.
• B)Yes,since the percentage of payments that are late are greater than the percentage of payments that are on time.
• C)No,since since the percentage of payments that are late are greater than the percentage of payments that are on time.
• D)cannot tell from the information given

Grasp the significance of nonrenewable fossil fuels in global energy consumption.

Understand the importance of complementing an e-portfolio with a conventional resume.

Identify the characteristics of effective interviews and interviewing techniques.

Distinguish between different types of interview questions (standard, behavioral, direct, unlawful).

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Definitions:

Agents

Individuals or entities authorized to act on behalf of another, known as the principal, in dealings with third parties.

Principals

In legal and business contexts, refers to the primary parties involved in a transaction or agreement.

Breaching

The act of violating a law, duty, agreement, or expectation.

Agent By Estoppel

A concept in law where a person is prevented (estopped) from denying the agency relationship due to their actions or representations.