That is Importing. Option A.
Answer:
activity variance = $984 F
Explanation:
given data
wages and salaries = $1,420 per month
per birth = $246
planned for activity = 107 births
actual level of activity = 103 births
actual wages and salaries = $27,795
to find out
activity variance for wages and salaries
solution
we know wages and salaries cost for October is
wages and salaries Planning budget = 1420 + ( 107 × 246 )
wages and salaries Planning budget = $27742
and
Wages and salaries Flexible budget = 1420 + ( 103 × 246 )
Wages and salaries Flexible budget = $26758
so
activity variance = $27742 - $26758
activity variance = $984 F
Answer:
c. liable on the ground that Mesa is an intended third-party beneficiary
Explanation:
In a contract, the third-party beneficiary is a business or a person that benefits from the agreement and the terms of the contract that is made between the two other parties. According to law, third-party beneficiary have certain rights which they can enforced if the contract is not fulfilled.
In the context, Mesa is a third party beneficiary. The Mesa County enters into a contract with New Construct Inc. to construct a court house. Now New Construct Inc. again hires the firm Odell to excavate the land site.
While excavating Odell damages few nearby properties, so Mesa County files a law suit against Odell. But Odell argues that Odell is not in agreement with Mesa County or have not entered into with any contract with the County, so Mesa cannot sue the excavator.
But the court hold that as Mesa County is the third party beneficiary of the contract and have certain rights, Odell is held liable for the loss and should compensate for the loss to the County.
Answer:
Legitimate promissory notes are marketed to sophisticated, corporate investors that have the ability to thoroughly research the company issuing the notes and determine whether the issuer will be able to repay principal and interest. There have been many instances of "promissory note fraud" where unlicensed individuals push bogus promissory notes that are sold as investments that offer above-market fixed interest rates and safeguarding of principal - and most of there are frauds. This is a major concern to state regulators.
To offer a promissory note, both the salesperson and the note must be registered in the state. Only promisory notes that have maturities of 9 months or less, that are investment grade, and are sold in minimum increments of $50,000 are exempt from registration.
Finally, the tell-tale sign of fraud are:
Statements that tho notes are "guaranteed" or insured, especially by bogus foreign entities.
Promises of above-market rates fo return
Statements that the notes are "risk"free"
The labeling of a star-up company´s notes as prime
Offers of promissory notes from a stanger who does not know the costumer financial situation
Answer:
This question requires us to calculate cash flows from operations and net income. Each of them is calculated as follow.
Cash flows from operations
Cash flow from operation comprises of cash generated or spend on core business related purchase and sale. It will be calculated as follow.
Cash from operations = 25,000 - 100,000 =($ 75,000).
Net income
Net income will be calculated using simple cashflow equation given below.
Closing cash balance = opening cashflow + net income + depreciation + cash flow from operations + cash flow investment + cash flow finance
25,000 = 55,000 + net income + 10,000 - 75,000 - 250,000 + 170,000
Net income = 115,000
