Answer:
Invalid, because under the UCC the acceptance must mirror the offer
Explanation:
§ 2-207 of the Uniform Commercial Code (UCC) enforces the mirror image rule. The mirror image rules states that in order for a valid contract to be formed, the offeree (Office Supply) must accept all the terms included in the offer (by Blue Cross) and cannot modify or add any terms. Any term that changes the original offer results in no contract.
Answer:
Recognize an income/loan repayment of $1,300, and cancel the debt of $200 from the earlier recognition of income
Explanation:
Swan would only recognize an income/loan repayment of $1,300 having already recognized an initial income of $200 of the $1,500 owed before the death of the customer.
Accounting entries would be as follows.
Debit Bank account: $1,500
Credit income/loan repayment account: :1,300
Credit receivables: $200.
The credit of $200 in receivables would be treated as shown above due to the income of $200 already recognised and which would have been treated as follows when it was recognized,
Dr: receivables $200
Cr. interest earned $200,
Answer: 12.5%
Explanation:
Amount that will be raised with Equity = 65% * 5,700,000 = $3,705,000
This is more than the retained earnings so new equity will have to be issued at cost of 16%
Amount raised by debt = 35% * 5,700,000 = $1,995,000
Less than $2 million so cost of debt is 10%
WACC = cost of equity * weight of equity + weight of debt * cost of debt * ( 1 - tax rate)
= (16% * 65% ) + (35% * 10% * (1 - 40% tax))
= 12.5%
The answer is the still plate, so C.
Answer:
Explanation:
These departments are as follow:-
1) Admin
2) Administrative
3) HOD (Head Of Departments)