Sadie is shopping for a new pair of running shoes. she tells the salesperson that she is a marathoner and needs shoes for distance. the salesperson suggests that sadie buy a pair of mercury running shoes. mercury shoes are actually designed for walking rather than running. on mile 21 of her first training run, the shoes start to wear through in the heel. what type of warranty has been breached?

Which of the following statements is true about financial planning

Lincoln company has an accounting policy for internal reporting purposes whereby the costs of any research and development projects that are over 70 percent likely to succeed are capitalized and then depreciated over a five-year period with a full year of depreciation in the year of capitalization. in the current year, $400,000 was spent on project one, and it was 55 percent likely to succeed, $600,000 was spent on project two, and it was 65 percent likely to succeed, and $900,000 was spent on project three, and it was 75 percent likely to succeed. in converting the internal financial statements to external financial statements, by how much will net income for the current year have to be reduced? a. $180,000b. $380,000c. $720,000d. $900,000

Why should managers invest any excess cash