Answer: Because Y's failure to notice the leaky faucet means that he did not justifiably rely on X's "misstatement."
Explanation: Ben may be unable to rescind on the basis that, upon the sale of the property, the leaky faucet is as not intentionally hidden from Ben's notice. If during the property inspection, the leaky faucet was noticed by Ben, and Colleen gave a false statement about the faucet in other to conceal the impairment, then Colleen would have been deemed to have made Ben rely on a false statement and thus making a rescind by Ben would have been possible.
Answer:
C) Operating, $12,000; financing $6,000.
Explanation:
Interests expenses do no change the notes payable or bond, but results in the reduction of the cash flow of a company. Therefore, the interests paid on both short terms notes payable and interest on long-term bonds will appear under the operating activities section of the cash flow statement.
Dividend appears under the financing activities section of the cash flow statement.
For this question, we therefore have:
Cash outflows from operating activities = Interest on short-term notes payable + Interest on long-term bonds = $2,000 + $10,000 = $12,000
Cash outflows from financing activities = Dividends on common stock = $6,000
Therefore, the correct option is C) Operating, $12,000; financing $6,000.
The answer is
$0.
<span>$0 is the bakers
recognized gain because a taxpayer is allowed to the exclusion of up to
$250,000 and $500,000 for tax payers who are married, of capital gain
attributed to the sale of<span> a personal residence. One requirement a
baker met here for exclusion that tax payer must occupy the residence for two
to five years before sale.</span></span>
Answer: 12.5 %
Explanation:
Hi, to answer this question we have to apply the simple interest formula:
I = p x r x t
Where:
I = interest (investment after interests - principal; 12000-8000=4000)
P = Principal Amount (initial invest)
r = Interest Rate (decimal form)
t= time
Replacing with the values given
4,000= 8,000 (x) 4
Solving for x
:
4,000= 32,000x
4,000/ 32,000 =x
x= 0.125
Since the interest rate is in decimal form, we have to multiply it by 100 to obtain the percentage.
0.125 x 100 = 12.5 %
Feel free to ask for more if needed or if you did not understand something.
Answer:is correct
Option d
Production budget
Explanation:
<em>The total direct labour hours budget are prepared using the production budget . It shows the expected amount o time in hours that are required to achieved the production budget</em>
The direct labour hours budget =
production budget(units)× standard direct labour hours per unit
The standard direct labour hours is the expected amount amount of time a unit of the product is expected to be produced
The production budget in turn is prepared using sales budget and finished goods inventory budget .
