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pickupchik [31]
2 years ago
10

Lon says to milli, “i would like to sell you my comic book collec­tion.” this is not an offer because it

Business
1 answer:
fomenos2 years ago
7 0
Lon's statement to Milli saying, "I<span> would like to sell you my comic book collection.</span>" is merely an invitation for a negotiation. It is not considered an offer because an offer would include the price and quantity of the good/s that will be sold. It may also include possible discounts and the date when the package will be received. Lon's statement can lead up to a negotiation wherein both parties will discuss their terms in order to form an agreement in the end.  
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Yi Company began operations on January 1, 2013. During 2013, the company engaged in the following cash transactions: 1) issued s
Andreyy89

Answer:

$11,000

Explanation:

Data provided

Provided consulting services = $50,000

Paid rent expenses = $12,000

Paid employee salaries = $27,000

The calculation of Yi's net cash flow from operating activities is given below:-

Yi's net cash flow from operating activities = Provided consulting services - Paid rent expenses - Paid employee salaries

= $50,000 - $12,000 - $27,000

= $11,000

Sp, for computing the Yi's net cash flow from operating activities we simply applied the above formula.

5 0
2 years ago
Read 2 more answers
The Bell Weather Co. is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 1
SOVA2 [1]

Answer:

$287.01

Explanation:

The 2 stage dividend discount model would be used to determine the current value of the stock.

first stage

Present value in year 1 = (1.6 x 1.16) / 1.071 = 1.73

Present value in year 2 = (1.6 x 1.16²) / 1.071² = 1.88

Present value in year 3 = (1.6 x 1.16³) / 1.071³ =2.03

Present value in year 4 = (1.6 x 1.16^4) / 1.071^4 = 2.20

second stage

[ (1.6 x 1.16^4) x (1.06) ] / (0.071 - 0.06) = 279.17

Value of the stock = 1.73 + 1.88 + 2.03 + 2.20 + 279.17 = $287.01

4 0
2 years ago
At age 37 you start saving for retirement if your investment plan pays an APR of 6% and you want to have $.09 million when you r
r-ruslan [8.4K]

Answer:

Monthly deposit= $1,036.116

Explanation:

Giving the following information:

Future Value (FV)= $900,000

Number of periods= 28*12= 336 months

Interest rate (i)= 6% = 0.06/12= 0.005

<u>To calculate the monthly deposit, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= {900,000*0.005) / [(1.005^336) - 1]

A= $1,036.116

7 0
2 years ago
The direct write-off method records bad debt expense only when an account becomes uncollectible, which is not always in the same
Alchen [17]

The direct write-off method violates the <u>matching principal</u>, which says that revenues and expenses are recorded in period that they occur (not necessarily when they are collected/written off).

5 0
3 years ago
Which of the following is an advantage of the interacting group decision-making method? a.Interaction among people can spark new
uysha [10]

Answer:

The correct answer is letter "A": Interaction among people can spark new ideas.

Explanation:

Group decision-making is the activity in which members of a get together to collectively decide the course of the plan they will take to reach the group's objective. This practice allows individuals of a group to feel their voice is being heard and are more likely to accept the final decision to be taken since they will feel part of their ideas are included there. It is thanks to the interaction among those individuals that the ideas helping to the concluding decision are sparked.

7 0
3 years ago
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