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sp2606 [1]
3 years ago
6

On Monday, Merlin buys a tablet for $500 from a Pads & Pods store. On Tuesday, he returns to the store and buys a GPS device

for $200. On Wednesday, he downloads $100 worth of tunes from singsong. To be enforceable as a contract, a writing is required for the purchase of
Business
1 answer:
Tamiku [17]3 years ago
6 0

Answer:

Tablet only.

Explanation:

As Given Merlin have bought tablet for $500, he return it and buy GPS device for $200 and downloaded tunes for $100.

Most of commercial agreement is unwritten and many contract does not require to be in writing, however, uniform commercial code (UCC) have made certain exception for which written contract is required.

Under uniform commercial code (UCC), certain contract for sales of goods Article 2 must be in writing.

All the sales of goods worth $500 and more must have contract in writing and must be signed by the party against which enforcement is sought. It is valid even if the contract is not written in detail, it is enforceable.

Therefore, only purchase of Tablet must have contract in writing as it is worth $500.

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Dawn is selecting an alternative processing facility for her organization's primary data center. she would like to have a facili
Iteru [2.4K]

The best option in the situation of Dawn is to chose a primary site, for it will be able to provide her the alternative she needs in her facility and organization’s primary data center as this allows multiple servers and network allocation that is needed by them.

5 0
4 years ago
Petrenko Corporation has outstanding 2,000 $1,000 bonds, each convertible into 50 shares of $10 par value common stock. The bond
cricket20 [7]

Explanation:

The Journal entry is given below :-

Bonds payable                                      $2,000,000

      To common stock                          $1,000,000

      To Discount on common stock     $30,000

      To Paid in capital                            $970,000

The calculation of bonds payable, common stock is below:-

For bonds payable            

= 2,000 × $1,000

= $2,000,000

For common stock

= 2,000 × 50 × $10

= $1,000,000

For paid in capital

= $2,000,000 - ($1,000,000 - $30,000)

= $970,000

4 0
3 years ago
So I’m in IB and we have to come up with a creative personal project ... any ideas?
Karolina [17]
Maybe your could make earrings or jewelry out of litter to show how bad the issue is becoming?
5 0
3 years ago
Green Lawn Company is considering a special order for 1,000 new sprinkler systems from a new customer, a foreign distributor. Th
Andreas93 [3]

Answer:

$200,000

Explanation:

The computation of Net Income is shown below:-

The green lawn firm is over-capable of approving the order. The extra fixed costs do not have to be incurred. This way, fixed costs are avoided and only variable costs need to be incurred.

For computing the net income first we need to find out the profit per unit which is here below:-

Profit per unit = Sell price per unit - Variable Cost per unit

= $1,200 - $1,000

= $200

Total Profit = Profit per unit × 1,000 unit order

= $200 × 1,000 unit order

= $200,000

So, net income increased by $200,000

Therefore for computing the total profit we simply applied the above formula.

7 0
3 years ago
Assume Time Warner shares have a market capitalization of $40 billion. The company is expected to pay a dividend of $0.25 per sh
Leviafan [203]

Answer:

6.88%

Explanation:

cost of equity = (next period dividend / by price) + growth rate in dividends.

cost of debt = yield to maturity x (1 - tax rate)

WACC =  weight of debt x cost of debt + weight of equity x cost of equity.

cost of equity = ($0.25 / $40) + 0.07

= 0.07625

cost of debt = 0.09 x (1 - 0.4)

=0.054

WACC = ($40Billion x 0.07625) / 60billion + ($20 billion x 0.054) / $60billion

= 0.05083 + 0.018

= 0.0688 or 6.88%

5 0
3 years ago
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