Caitlin is a highly motivated sales executive for a company that sells business textbooks. she always strives to create personal relationships with the professors of colleges and universities. when a committee of professors at bridgeton university was constituted to select a new marketing book, her book was selected. her amiable relationship with the committee chairman paved the way for this selection. the committee chairman trusts caitlin and believes that she will meet his expectations. identify the type of relationship between caitlin and the committee chairman in this scenario.

a. relational partnership
b. functional relationship
c. internal partnership
d. solo market transaction
e. strategic partnership

P11.2a (lo 2, 4) fechter corporation had the following stockholders’ equity accounts on january 1, 2020: common stock ($5 par) $500,000, paid-in capital in excess of par—common stock $200,000, and retained earnings $100,000. in 2020, the company had the following treasury stock transactions. journalize and post treasury stock transactions, and prepare stockholders’ equity section. mar. 1 purchased 5,000 shares at $8 per share. june 1 sold 1,000 shares at $12 per share. sept. 1 sold 2,000 shares at $10 per share. dec. 1 sold 1,000 shares at $7 per share. fechter corporation uses the cost method of accounting for treasury stock. in 2020, the company reported net income of $30,000. instructions a. journalize the treasury stock transactions, and prepare the closing entry at december 31, 2020, for net income. b. open accounts for (1) paid-in capital from treasury stock, (2) treasury stock, and (3) retained earnings. (post to t-accounts.) c. prepare the stockholders’ equity section for fechter corporation at december 31, 2020.

Considered alone, which of the following would increase a company's current ratio? a. an increase in net fixed assets.b. an increase in accrued liabilities.c. an increase in notes payable.d. an increase in accounts receivable.e. an increase in accounts payable.

Afamily wishes to save for future college expenses. which financial tool should the family invest in?