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Nata [24]
3 years ago
5

The Roberts family just received news from Jo-Anne Roberts' employer that she was receiving a prestigious promotion to Corporate

Vice President. The new position was in New York City, nearly 3,000 miles away from their home in Los Angeles, California. Because Jo-Anne needed to find a place to live in the city quickly, she agreed to purchase via phone a 2,000 sq. ft. apartment located a few blocks from her new office. Jo-Anne wired the owner a payment of $500,000 against the $3.7 million negotiated price of the apartment. Without waiting for further word from the owner, Jo-Anne and her husband Albert loaded their 3 children and 2 cats into their SUV and headed for the "Big Apple." Once arriving New York, the family moved into the apartment and redecorated the entire interior, at a cost of $350,000. After living in the apartment for two months, Jo-Anne wired another $500,000 payment to the owner, who called immediately after receiving the payment and said the deal was off. Can Jo-Anne keep the apartment?
Business
1 answer:
vazorg [7]3 years ago
8 0

Answer:

Of course Jo-Anne Roberts can keep the apartment.

Explanation:

Jo-Anne and the previous owner of the apartment had a valid contract by which Jo-Anne was to pay $3.7 million for the apartment. She has already partially completed her performance on the contract, so the seller must perform his part of the contract.

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Answer:

The question is missing the options which can be found in the attached.

The correct option is banker's acceptance

Explanation:

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4 0
3 years ago
A good economic theory is best described as one that:: A. Is true. B. Realistically depicts the real world economists are trying
ollegr [7]

Answer:

b.

Explanation:

thats my answer my module

8 0
2 years ago
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Norma-Jean [14]

Answer:

Norbert should record at 2020 depreciation expense of $2,700 for the machine

Explanation:

The depreciable base can be calculated as follows;

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salvage value=$0

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depreciable base=45,000-0=$45,000

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New net book value=acquisition cost-accumulated depreciation+overhaul cost

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New depreciation base=new machine value-salvage value

where;

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replacing;

New depreciation base=27,000-0=$27,000

New Annual depreciation expense=new depreciation base/useful life

where;

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replacing;

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Norbert should record at 2020 depreciation expense of $2,700 for the machine

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Answer:

A. Enunciation

Explanation:

3 0
2 years ago
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Answer:

Antonio

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