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SOVA2 [1]
3 years ago
8

Just before the close, the buyer noticed a broken window and a mandoor hanging by one hinge in the detached garage, her inspecto

r had missed these as he considered outbuildings as outside the scope of the inspection. What is the buyer's recourse?
Business
1 answer:
maria [59]3 years ago
3 0

Answer:

Buyer's responsibility because she had missed the inspection deadline.

Explanation:

In real life time limits and deadlines matter, and if the buyer's inspector didn't notice the broken window and the door, it is not the seller's fault. Since the buyer noticed the defects just before closing the deal, she has two options: either walk away and lose the earnest money deposit, or fix the defects herself.

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Which of the following should be recorded in the category "trade receivables?"a. advances to officers and employees.b. income ta
prohojiy [21]

Answer:

Open accounts resulting from short-term extensions of credit to customers

Explanation:

Trade receivables are amounts billed by a business to its customers when it delivers goods or services to them in the ordinary course of business. These billings are typically documented on formal invoices, which are summarized in an accounts receivable aging report.

5 0
4 years ago
Your Competitive Intelligence team is predicting that the Chester Company will invest in adding capacity to their Cell product t
creativ13 [48]

Question Completion:

Figures in thousands (000):

Product Segment    Capacity Next Round

Dug             Core                1200

Dune     Core                1450

Beetle     Core                1040

Bat             Core                1050

New     Core                100

Adam     Core               1200

Answer:

Chester Company

Competitive Intelligence Report:

Based on the increased 10% capacity, the industry can produce 6,644 units.

Explanation:

a) Data and Calculations:

Product Segment    Capacity Next Round    Increased Capacity (1.1)

Dug             Core                1,200                    1,320

Dune     Core                1,450                    1,595

Beetle     Core                1,040                     1,144

Bat             Core                1,050                    1,155

New     Core                   100                        110

Adam     Core               1,200                    1,320

Total                                     6,040                   6,644

b) Each of the core segment products can be increased by the increased capacity factor of 1.10 (1 + i), where "i" is the rate of capacity increase.  Alternatively, the total capacity in the current period can be increased by the increased capacity factor.  Either way, produces the same result of an increased capacity of 6,644 units that the industry can produce.  The result also shows that the options provided in the question are not correct.  They must have been based on other assumptions.

7 0
3 years ago
What is oligopoly?
Nutka1998 [239]

Answer: The answer is a market structure in which a very few large sellers dominate the market.

Explanation:

Oligopoly : This is a market structure in which there are few producers of product with close substitute.There are two forms of oligopoly which includes, oligopoly who produce homogenous goods and differentiated goods respectively. Since,the number of competitors in oligopoly is small the reactions of each producers are more important. They tend to look at the actions of other producers before taken a vital decision.

Oligopoly is a types of imperfect market structure which has the following features

When products are homogeneous there is no special preference, but when the products is branded the consumers have a choice.

A single price reigns where goods are the same .The reverse is the case where goods are heterogeneous goods.

Price cut are for the same product,while price cut can also occur through advertising war fought by competitors in the market.7

4 0
3 years ago
Besides the dollar cost, what other costs should you consider when comparing alternative solutions to a problem or goal?​
uranmaximum [27]

Answer:

Management alternatives could be compared based on how they impact ... Ultimately, identifying a widely acceptable solution requires that each ... It might be agreed that the cost elements of the decision problem are ... It may be desirable during a later step in the decision process to convert other impacts into dollars.

8 0
3 years ago
Smith buys and sells equity securities. On December 15, 2021, Smith purchased $542,000 of Jones shares and elected the fair valu
Kamila [148]

Answer:

$46,000

Explanation:

We can find out the the revaluation gain that need to be reported at the year end by just deducting the the cost of the investment by its current fair value .

DATA

Fair value = 588,000

Cost = 542,000

Revaluation gain = Current fair value - Cost

Revaluation gain = 588,000 - 542,000

Revaluation gain = $46,000

The revaluation gain of $46,000 will be reported in other compreensive income of smith's financial statements.

3 0
3 years ago
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