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AlladinOne [14]
3 years ago
15

Stan read an ad in the newspaper which said that the jackpot for picking the six winners in the dog race on the last night of th

e season was $825,000. Stan went that night and correctly picked the winners. However, it turned out that the newspaper had made a mistake. The jackpot was $25,000, not $825,000. Therefore the track owners refused to pay the latter amount. If this ad is treated like offers of reward, can Stan collect the $825,000?

Business
1 answer:
likoan [24]3 years ago
6 0

Find the given attachment

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How would life be without technology
Ghella [55]

This website would not exist. Social lives would improve because everyone would actually hang out with people. We would not be able to get places fast because cars would not be developed.

4 0
3 years ago
The one-year forward rate of the British pound is quoted at $1.63, and the spot rate of the British pound is quoted at $1.60. Th
AysviL [449]

Answer:

The forward is discount, which is -1.8%

Explanation:

The forward rate is the rate of interest that is applicable or applied to the financial transaction, which will happen in the near future.

The percent is computed as:

= (Spot rate / Forward rate) - 1

where

Spot rate is $1.60

Forward rate is $1.63

Putting the values above:

= ($1.60 / $1.63) - 1

= $0.9815 - 1

= -1.8 %

which is forward discount.

8 0
3 years ago
Evergreen Air Center is the world's biggest parking lot for unwanted aircraft. Airlines pay a monthly fee from $750 to $5,000 to
anyanavicka [17]

Answer:

a Competency

Explanation:

Competency refer to set of capabilities an enterprise possesses relating to performance of a task in an efficient manner in a given specific situation.

Competencies are the sum total of skills, knowledge and capabilities.  These are developed over time with application of skills and knowledge.

In the given case, Evergreen reaps benefits with respect to parking area for unwanted aircraft owing to space it possesses and the climate of the location which protects the aircraft from dust and rusting.

This represents a case of competency which has built up over time owing to a capability which has emerged out of application of skills, knowledge and environmental advantage.

4 0
3 years ago
Prior to the write off of a $500 customer account, Athena Company had the following account balances: Accounts receivable $19,60
Effectus [21]

Answer:

Net accounts receivable Before $18,600 and  After $18,600

Explanation:

solution

we know that here

net accounts receivable before write-off  

Accounts Receivable = $19,600  

and Allowance for doubtful debt = $1,000

so Net accounts receivable =  $19,600 - $1,000 =  $18,600

so

Journal Entry for write off is here    

Allowance for doubtful Accounts = $500

Accounts Receivable = $500

and

Net accounts receivable after write off is    

Accounts Receivable= $19,100

and

Allowance for doubtful debt= $500  

so Net accounts receivable = $19,100 - $500

Net accounts receivable = 8,600

so Net accounts receivable Before $18,600 and  After $18,600

6 0
3 years ago
In pioneer​ ville, the price elasticity of demand for bus rides is 0.5. when the price of a bus ticket rises by 5​ percent, ____
lianna [129]
The quantity of bus rides demanded decreases by 2.5 percent. Hope this helps. :)
4 0
3 years ago
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