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larisa [96]
3 years ago
10

​Finishing the construction of a home two days after the contract called for completion (no injury occurs) most likely will be c

onsidered
Business
1 answer:
Temka [501]3 years ago
6 0
Finishing the construction for a longer period than the date that already agreed upon would be most likely considered : Breach of Contracts.
Which mean that the constructor basically fail to met his end of the contract agreement, causing the other party has the right to walk out from their contract
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Bishop, Inc., is obligated to pay its creditors $8,900 during the year. a.What is the market value of the shareholders' equity i
Contact [7]

Answer:

The answer is $1,500

Explanation:

Accounting equation can be stated as follows:

Equity = Asset - Liability

Asset = Equity + Liability

Liability = Asset - Equity.

What a firm is obligated to pay its creditors is known as a liability and its value in the question is $8,900

The assets owned by the company totalled $10,400

Now to find market value of the shareholders' equity, we use:

Equity = Asset - Liability

$10,400 - $8,900

= $1,500

7 0
3 years ago
Mrs. Hanson has 2 pies for a party. She calculates that if she splits the pies evenly among the guests, they will each receive
LiRa [457]

Answer:

16 guests

Explanation:

If each guest is getting 1/8 of a pie, it means one pie is being divided into eight parts. One part is 1/8. One pie will be served to eight guests.

Two pies will be sufficient for 2x 8 = 16 guests.

7 0
3 years ago
Which set of terms correctly completes this statement?
galina1969 [7]

Answer:

a

Explanation:

when you go to the doctor, you pay copay

3 0
2 years ago
Poland's Paints allocates overhead based on machine hours. Selected data for the most recent year follow. Estimated manufacturin
trapecia [35]

Answer:

Allocated MOH= $274,850

Explanation:

Giving the following information:

Estimated manufacturing overhead cost $238,900

Estimated machine hours 20,000

Actual machine hours 23,000

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 238,900/20,000

Predetermined manufacturing overhead rate= $11.945 per machine-hour

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 11.95*23,000

Allocated MOH= $274,850

8 0
3 years ago
On October 29 of the current year, a company concluded that a customer's $4,400 account receivable was uncollectible and that th
Nonamiya [84]

Answer:

The answer is true

Explanation:

There will no effect on net income; no effect on total assets because an allowance method is used which means there was a provision for bad debts already effected.

3 0
4 years ago
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