The inference is that the contractor will prevail because the homeowner agreed to the price increase.
<h3>What is an inference?</h3>
It should be noted that an inference simply means the conclusion that can be deduced based on the information given.
In this base, inference is that the contractor will prevail because the homeowner agreed to the price increase.
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Answer:
The correct option is: Debit to Loss on Disposal of Machinery for $1,500.
Explanation:
As at the time of sale, the net book value (cost - accumulated depreciation) of the copier machine was $3,500 ($6,000 - $2,500). Then, the proceed from sale is $2,000. The full accounting entries to record the transaction will be:
Debit Accumulated depreciation $2,500
Debit Cash (sales proceed) $2,000
Debit Loss on disposal of machinery $1,500
Credit Fixed asset (cost - copier machine) $6,000
<em>(To record disposal of copier machine)</em>
Answer: B. Was formed
Explanation:
Limited liability companies that are doing business in the states other than the states that they registered originally may have to seek the status of foreign LLC in such states.
Therefore, since Paving LLC is a foreign limited liability company in the state of Ohio. In dealing with Paving, Ohio will apply the law of the state where the firm was formed. Therefore, the correct option is B.
Answer: Option (B)
Explanation:
Here, in this particular case we can state that Lenox would use <em>personal selling </em>as the promotional element in order to reach their Macy's buyer. Personal selling is referred to as use of individuals by businesses in order to sell their commodity after meeting their respective clients face-to-face. The sellers mostly tend to advance the commodity through their belief, conviction appearance and the knowledge regarding the commodity.
Answer:
purchasing put options.
Explanation:
Based on the scenario being described within the question it can be said that the most appropriate hedge would be purchasing put options. Put options are a contract that gives the owner the ability to sell an underlying security for a pre-determined price at a specific time frame. Which allows the individual to take advantage of capitalization in the meantime. Such as in this case.