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anygoal [31]
3 years ago
10

Claudia contracts with Friendly Paving Co. to install a new driveway. To pay for this work, Claudia transfers to Friendly Paving

Co. her right to receive payment from Clifford for a loan she made him. Friendly Paving Co. is the:
Business
1 answer:
Olenka [21]3 years ago
7 0

Answer:

Creditor beneficiary

Explanation:

The first contract is between Claudia and Clifford, in which Clifford is the debtor to the creditor Claudia.

This means that Claudia holds a legal contractual right to receive a payment from Clifford.

Now there is a second contract between Claudia and Friendly Paving Co. this is basically the agreement to install driveway. For this Claudia has to pay to Friendly Paving Co.

For this if she transfers her right of receiving the payment from Clifford towards Friendly Paving co. then she announces Friendly Paving Co. to be a creditor beneficiary.

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Math appendix! Hope I helped!!
5 0
3 years ago
A firm reports the following data:________.
ANEK [815]

Answer and Explanation:

The computation is shown below:

a. For Account receivable days is

= Total number of days in a year × account receivable balance ÷ Sales

= 365 days × $50,000 ÷ $445,000

= 41.01 days

b. For inventory days

= Total number of days in a year × inventory balance ÷ Cost of Goods sold

= 365 days × $50,000 ÷ $280,000

= 65.18 days

c. For Account payable days

= Total number of days in a year × account payable balance ÷ Cost of Goods sold

= 365 days × $42,000 ÷ $280,000

= 54.75 days

d. For a cash to cash days

= Account receivable days + inventory days - account payable days

= 41.01 + 65.18 + 54.75

= 51.44 days  

5 0
3 years ago
Name the form of ownership represented by SABC
Angelina_Jolie [31]

The correct answer to this open question is the following.

Although there are no options attached, we can say the following.

The form of ownership represented by SABC is a publicly owned or state-owned broadcasting corporation that is managed by the government of South Africa. Indeed, SABC stands for South Africa Broadcasting Corporation. It was created on August 1, 1936, as the public broadcasting system of the South African government. Today, it controls 19 AM and FM stations in the country and operates five television channels that foment the optimal educational and entertainment content for the people of South Africa.

6 0
3 years ago
To ensure that decision makers have enough information to make god decisions a. ​Move information to those making the decisions
castortr0y [4]

Answer:

The correct answer is letter "C": All of the above.

Explanation:

Managers should have<em> relevant information</em> handy so they can make optimal decisions. However, the information does not always is received in the first place by managers but by employees. Thus, organizations must find a way to move that information to the top positions.  

<em>That is why relevant information must be moved to high-rank executives otherwise the positions of decision-making must be provided to those with more corporate information available.</em>

4 0
3 years ago
Which of the following is an example of an action that is part of making a
Alla [95]
Answer: B Im pretty sure

Step by step explanation:

The meaning of rational is doing someone with reason or logic so B seems like the rational answer..
3 0
3 years ago
Read 2 more answers
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