Coffee brokers, inc., offers to buy dining company's coffee-roasting services for a certain price. dining responds that the price is too low and thereby rejects the offer. the offer is:

a. terminated.

b. valid for a reasonable time to give interstate a "second chance."

c. valid for the period of time prescribed by a state statute.

d. valid until interstate revokes the offer.

Required prepare the necessary adjusting entries in the general journal as of december 31, assuming the following: on september 1, the company entered into a prepaid equipment maintenance contract. birch company paid $3,400 to cover maintenance service for six months, beginning september 1. the payment was debited to prepaid maintenance. supplies on hand at december 31 are $3,900. unearned commission fees at december 31 are $7,000. commission fees earned but not yet billed at december 31 are $3,500. (note: debit fees receivable.) birch company's lease calls for rent of $1,600 per month payable on the first of each month, plus an annual amount equal to 1% of annual commissions earned. this additional rent is payable on january 10 of the following year. (note: be sure to use the adjusted amount of commissions earned in computing the additional rent.)

What two things do you consider when evaluating the time value of money

Determine the hrm’s role in the performance management process and explain how to ensure the process aligns with the organization’s strategic plan.