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vaieri [72.5K]
2 years ago
9

On July 10, Pet Supply Store orders fifty small dog collars from Quality Collars, Inc. to be delivered by July 15. On July 13, Q

uality Collars tenders fifty large dog collars. Pet Supply rejects the shipment. Quality Collars has
a. until July 15 to cure
b. no right to cure
c. until the end of the business day on July 13 to cure
d. unlimited time to cure
Business
2 answers:
slavikrds [6]2 years ago
7 0

Answer:

A. Until July 15 to cure.

Angelina_Jolie [31]2 years ago
6 0

Answer:

A) until July 15 to cure

Explanation:

The original contract specifically stated that Quality Collars would deliver 50 small dog collars by July 15. If they tried to send them on an earlier date, but the delivery was turned down because the product delivered was not correct, they still have until July 15 to deliver the promised small dog collars.  

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It is blank for motorcycles to pass between cars in the middle of traffic lanes
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2 years ago
A company pays $379.50 for its employees to attend a luncheon. If the cost is $8.25 per person, how many employees does the comp
solmaris [256]
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Meaning the company had 46 employees at the luncheon.
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5 0
2 years ago
Read 2 more answers
You are comparing two annuities with equal present values. The applicable discount rate is 6.5 percent. One annuity will pay $2,
MAVERICK [17]

Answer:

the annual payment for the second annuity is $2,130 paid at end of every year

Explanation:

We have following information for 1st annuity:

Rate: 6.5%

Payment (PMT): -$2,000, paid at beginning of every year

Tenor (Nper): 20 years

We use excel to calculate the present value of annuity = PV(rate,Nper,PMT,,1)

=PV(6.5%,20,-2000,,1) = $23,469

Then we calculate the payment for 2nd annuity = PMT(rate,Nper,PV,,0)

=PMT(6.5%,20,23469,,0) = -$2,130

Download xlsx
4 0
3 years ago
On January 2, 2009, L Co. issued at par $20,000 of 4% bonds convertible in total into 1,000 shares of L's common stock. No bonds
MrRissso [65]

Answer:

The correct answer is $1.2 per share.

Explanation:

According to the scenario, the computation of the given data are as follows:

Interest expense of Bonds = $20,000 × 4% = $800

Now, Interest expense of Bond, After tax = $800 × ( 1 - 50%) = $800 × 0.50

= $400

So, we can calculate the diluted earning by using following formula:

Diluted Earning = (Net income + Interest expense after tax) ÷ Total outstanding shares outstanding

Where, Total outstanding shares = 1,000 shares + 1,000 shares = 2,000 shares

By putting the value, we get

Diluted earning = ($2000 + $400 ) ÷ 2,000

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4 0
3 years ago
In the cleveland custom cabinets case, the owner of the company thought it was all right to manipulate the financial statement n
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In the Cleveland custom cabinets case, the owner of the company thought it was all right to manipulate the financial statement numbers primarily because he was the sole owner of the company and controlled the board of directors.

But, the sole owner is for my part answerable for all debts incurred by using the enterprise." Examples of sole owners encompass small corporations which include, a local grocery keep, local garments save, an artist, a freelance author, an IT representative, a freelance photo designer, etc.

A sole owner—additionally called a sole trader or a proprietorship—is an unincorporated business that has simply one proprietor who will pay private earnings tax on profits earned from the commercial enterprise.

Sole ownership manner distinct possession. it is a possession so entire that no other man or woman has any interest in the assets. someone's ownership is "sole" while no person apart from the character has any interest inside the belongings as owner.

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1 year ago
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