Answer:
A) unenforceable.
Explanation:
In common law, the preexisting duty rule states that a new contract cannot be formed using an old obligation from a previous contract as consideration of the new contract. In other words, the preexisting duty must be performed before the new contract can be formed and a new consideration must be bargained between the parties involved.
The arrows show how Chloe's first earnings from her job as a pretzel vendor will directly benefit C and D.
The correct option is B.
<h3>What exactly is a business transaction?</h3>
An executed contract between a seller and a buyer to exchange goods, services, or financial assets in exchange for money is known as a transaction. The phrase is also frequently used in business accounting.
<h3>What does an accounting transaction mean?</h3>
Any financial business event that has an impact on a company's financial statements is referred to as a transaction in accounting. Numerous items arrear numerous items that are transactions because transactions include occurrence that has a monetary impact on one's financial records.
<h3>What sort of transaction is that?</h3>
These four types of financial transactions are:
A. sales
B. purchases,
C . receipts,
D. payments.
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Chloe receives her first paycheck for working as a pretzel vendor. To which of the arrows does this transaction directly contribute?
A. A only
B. C and D
C. C only
D. A and B
Answer: Capital rationing
Explanation:
Capital Rationing occurs when a firm has to ration capital because there's no enough fund to invest in all the attractive projects.
Capital rationing is used by companies in order to limit the number of projects which they'll invest in at a time.
Since Serena has to rank several alternatives for purchasing a new piece of equipment based on the fact that there is constraint with regards to the availability of funds, this is capital rationing.
Some problems that Hudson will face when they enter into the European market include:
- Competition from established industries.
- Higher cost of establishment.
- Lower profits or losses in first few years.
<h3>Why will Hudson face these problems?</h3>
Hudson would be going up against already established companies who have a loyal customer base and less costs as they do not need to pay for startup costs.
Hudson will also incur high investment costs in the areas of production and advertisement as they try to establish themselves in the European markets.
As a result of these high costs, Hudson will make losses or low profits as they might not be able to draw enough clientele to cover the cost of setting up in Europe.
In conclusion, Hudson faces several challenges.
Find out more about start up costs at brainly.com/question/13923720.
Answer:
The company reported $61,250 amount of Cost of Goods Sold
Explanation:
As gross profit percentage is the net percentage of sales revenue and cost of goods sold. We can find the cost of goods sold percentage as follow
Gross profit = Sales - Cost of Goods Sold
Placing the percentage
65% = 100 % - Cost of Goods sold
Cost of Goods sold = 100% - 65%
Cost of Goods sold = 35%
Now calculate the value of cost of goods sold using following formula
Cost of goods sold percentage = Cost of good sold / Sales Revenue
35% = Cost of Goods sold / $175,000
Cost of Goods sold = $175,000 x 35%
Cost of Goods sold = $61,250
