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3 years ago

Ewing Marion Kauffman was an entrepreneur who invented a number of new drugs for the healthcare industry.

Business

2 answers:

Bumek [7]3 years ago

4 0

TRUE

Ewing Marion Kauffman was an entrepreneur who invented a number of new drugs for the healthcare industry.

aleksandr82 [10.1K]3 years ago

3 0

True have a good day :)

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Tom tries to sell his classic car to Victoria for $12,000. Tom tells Victoria, "I paid $12,000 for the car in 1978 and it's wort

gulaghasi [49]

Answer:

B) Tom's statements provide grounds to set the contract aside.

Explanation:

When we are talking about setting a contract aside, it means that the contract is voidable. A voidable contract is valid until one of the parts decides to void it. In this case, if Victoria decides to purchase Tom's car and later discovers that he lied about the price, she can void the contract and return the car to get her money back.

What Tom is doing is basically lying about the material facts of the product that they are bargaining and it represents a valid reason for voiding the contract.

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3 years ago

On september 1, knack company signed a $50,000, 90-day, 5% note payable with central savings bank. what is the journal entry tha

shepuryov [24]

The Journal entry upon the 90 days (1/4 using 360 days a year) maturity at 5% rate should be $50,000 plus the Interest (I). Let Journal Entry upon Maturity be J Where J = Initial Signed Note + Initial Signed Note * Rate * Time Which is also written as J = Initial signed Note (1 + Rate * Time) Therefore J = 50,000 (1+5/100*1/4) = 50,625

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3 years ago

Ray invested in two different savings bonds. Did he diversify? yes no

Artyom0805 [142]

Yes, because Ray investing in two different saving bonds is basically diversification.

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3 years ago

A hardware store makes a profit of $30,000 during its first year. The store owner sets a goal of increasing profits by $4000 eac

MrMuchimi

Answer:

$294,000

Explanation:

Data provided in the question:

Profit during the first year = $30,000

Increase in profit each year = $4,000

Now,

Profit for the current year = Profit for the previous year + $4,000

Therefore,

Year Current year profit

1 $30,000

2 $34,000 [$30,000 + $4.000]

3 $38,000 [$34,000 + $4.000]

4 $42,000 [$38,000 + $4.000]

5 $46,000 [$42,000 + $4.000]

6 $50,000 [$46,000 + $4.000]

7 $54,000 [$50,000 + $4.000]

Hence,

The total profit during the first 7 years of business = ∑ (Current year profit)

= $30,000 + $34,000 + $38,000 + $42,000 + $46,000 + $50,000 + $54,000

= $294,000

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3 years ago

Samantha's Office Supplies manufactures desk organizers in its Processing Department. Direct materials are included at the incep

Goryan [66]

Answer:

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