Answer:
Yes, accept the special order.
Explanation:
Before Special Order After Special Order
120 units 160
Sales $8,400 $10,000
Less Variable Costs ($2,400) ($3,200)
Contribution $6,000 $6,800
Less Fixed Costs ($1,400) ($1,400)
Net Income $4,600 $5,400
Conclusion
As a result of special order, we have an additional profit of $800. Therefore, accept the special order.
I think that most of the people borrow money for large purchases instead of using a sinking fund because if you need money immediately borrowing money is a simple and easy thing, it takes less time whereas if you use sinking fund, it will take more time because for this you have to make plans earlier but it is a safe and protected method for clearing the debts.
Answer: Option A
Explanation: A money based payment system is the one in which the transactions involving exchange of goods and services are performed by using a common denomination called money. In such a system any commodity can be valued on the basis of money.
However in a barter system one commodity is exchanged for the other. Therefore, the double coincidence of wants is needed for fulfilling these transactions. The actual value cannot be determined for any commodity.
From the above we can conclude that the correct option is B.
Answer:
A Binding Contract
Explanation:
Binding contracts are legal agreements between two or more parties, which are enforceable by law. They may not always be in writing. Sometimes, verbal statements can be legally construed as an offer or contract, even when the party never intended it as such.
Therefore although Onsite Restoration may not have intended to continue after 6 months at the agreed upon price, the contract with Property company is binding and Onsite can be sued if work is stopped
Answer:
B. The manager may be able to influence the quality of the service but has little control over the customers' expectation
Explanation:
