Answer:
Debtor: Joanna and her husband; Creditor: Resturant
Explanation:
Hope this helps
Answer:
c) Counteroffer
Explanation:
A counteroffer determines this when an offer is being created for the purpose of the earlier offer by another person during the negotiation for creating the ending contract. To make the counteroffer is to reject the previous offer and is created under the terms of the counteroffer or there will be no contract.
Here according to the given scenario, Jack makes the offer in the condition that he needs only microwave, refrigerator, and window treatment and this will be a sale part. Now, Padilla who is selling the home is accepting the terms of Jack with the condition that the refrigerator will remain in the home. So, this case is called the counter offer.
Answer:
The technology is a support activity in a firm's value chain.
Explanation:
Value chain analysis means the analysis which adds the value to the organization. It can be categorized in two activities - primary activities and support activities. This value chain analysis is propounded by Porter.
The primary activities includes inbound & outbound logistics, operations, Marketing & sales and service whereas support activities includes firm infrastructure, human resource management, technology , and procurement.
Thus, the technology is a support activity in a firm's value chain.
Answer: 35.29%
Explanation:
Municipal Bonds are attractive in that they give the tax benefit of being tax exempt whereas a corporate bond is liable for taxation. The tax rate that will therefore make an investor indifferent between the two bonds is the one that will equate the Corporate bond's yield net of tax to the yield on the Municipal bond.
5.5% = 8.5% * ( 1 - x)
5.5% = 8.5% - 0.085x
0.085x = 8.5% - 5.5%
0.085x = 3%
x = 35.29%
Answer:
The Journal entry is as follows:
Construction in progress A/c Dr. $950,000
Cost of construction A/c Dr. $1,600,000
To revenue from long term contracts $2,550,000
(To record the revenue in 2018)
Workings:
Cost of construction:
= cost of 2017 + cost of 2018
= $1,100,000 + $500,000
= $1,600,000
