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Ber [7]
3 years ago
5

Sandy notices a dog tied to a chain behind a fence and recognizes it as belonging to an acquaintance who lives a couple of block

s away. Sandy goes to the acquaintance’s house and says, "Your dog is tied up in someone’s yard, and for $100 I will tell you where. The dog’s owner says, "No way! I can’t believe you won’t simply tell me where the dog is!" The dog’s owner drives around the neighborhood and finds the dog and retrieves it. The next day Sandy notices an advertisement in the paper where the owner offered a reward of $200 for information leading to the return of her dog. Sandy is:
Business
1 answer:
Lubov Fominskaja [6]3 years ago
6 0

Answer:

Sandy is not entitled to any money.

Explanation:

Reasons:

  1. Sandy was unaware of the original offer for a reward.
  2. The dog's owner did not accept Sandy's own offer.
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If project A generates $10 million of free cash flow over its five year useful life and project B generates $8 million of free c
fredd [130]

Answer: False

Explanation:

This seems to me like a True or False question and the answer would be False.

Payback period is calculated on the basis of the timing of cash flows and since we do not know the useful life of Project B neither do we know the timing of it's cash flows, we cannot say for certain that Project A has a shorter Payback period.

For example, the initial investment could be $5 million for instance but Project A only pays $10 million on its 5th year whereas Project B had a useful life of 4 years and paid $2 million each of those years. Meaning it would have paid back before the end of the 3rd year.

If you need any clarification do react or comment.

8 0
3 years ago
In the process of benchmarking for a variable expense (such as payroll) the typical metrics used are "Total Dollars" and "Dollar
Verdich [7]
The answer is false
8 0
4 years ago
Financial statements should be useful. Which of the following is not one of the qualities of useful financial representation.
AlexFokin [52]

Answer:

A. Expand-ability Relevance

Explanation:

Financial statements does not need expansion, therefore expand-ability relevance is not one of the qualities of financial statements.

A. Faithful representation- financial statements must be a faithful representation of the state of the entity. it should represent the correct position of the entity.

B. Comparability - The financial statements must be prepared in accordance with acceptable standard to ensure comparison within and without the entity.

C. Consistency and Verifiability - The numbers must be verifiable and methods choosing in treating certain items must be consistent over time.

8 0
3 years ago
For each of the following unrelated situations, calculate the annual amortization expense and prepare a journal entry to record
lakkis [162]

Answer:

Explanation:

Base on the scenario been described in the question, we use the following method prepare and slove the given problem

Solution to the problem is in file attached below

Option c will be

Base on this, the Cost of goods sold: $ 934

3 0
3 years ago
Trapp Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in its
Leokris [45]

Answer: cost of units transferred out during the month=A. $45,000

Explanation:

Material costs =Number of units completed and transferred out x Cost per equivalent unit for material

= 9000 units x $2.00  = $18,000

Conversion cost = Number of units completed and transferred out x Cost per equivalent unit for conversion costs

= 9000 units x $3.00 = $27,000

   

Costs  of u nits transferred out during the month = Conversion costs +Material costs

= $18,000 + $27,000

$45,000

5 0
3 years ago
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