Kurt, a successful author, signs a promissory note that he gives to Raj. The note states that the sum of $10,000 is due and payable at such time when Kurt publishes his next book. Which of the following statements is most accurate?

A. Given Kurt's success as an author, the promissory note is a negotiable instrument. B. Given that Raj could demand payment from Kurt, the promissory note is a negotiable instrument. C. Article 3 does not apply to the promissory note. D. The promissory note is a negotiable instrument because a specific amount of money is mentioned.

The following information is for alex corp: product x: revenue $12.00 variable cost $4.50 product y: revenue $44.50 variable cost $9.50 total fixed costs $75,000 what is the breakeven point assuming the sales mix consists of two units of product x and one unit of product y?

Kirnon clinic uses client-visits as its measure of activity. during july, the clinic budgeted for 3,250 client-visits, but its actual level of activity was 3,160 client-visits. the clinic has provided the following data concerning the formulas to be used in its budgeting: fixed element per month variable element per client-visitrevenue - $ 39.10personnel expenses $ 35,100 $ 10.30medical supplies 1,100 7.10occupancy expenses 8,100 1.10administrative expenses 5,100 0.20total expenses $ 49,400 $ 18.70the activity variance for net operating income in july would be closest to:

Which of the following best describes vertical integration? a. produce goods or services previously purchasedb. develop the ability to produce products that complement the original productc. develop the ability to produce the specified good more efficiently than befored. build long term partnerships with a few supplierse. sell products to a supplier or a distributor