Answer: is developed after considering possible events.
Explanation:
A contingency plan is a plan made by an organization where they prepare for the worst possible outcome from a current event. A contingency plan is formed after considering various outcomes that can occur and preparing for the worst possible case scenario. A contingency plan helps a company to be prepared for any outcome positive or negative.
Answer:
The correct answer is letter "A": 30.
Explanation:
Adequate Assurance is requested after a contract was signed by two parties by one of the parties has doubts the other will be able to fulfill the demands of the agreement. In such cases, the doubting party can send in writing the request for confirmation to the other party involved and if the second party does not provide a response within 30 days the initial contract is considered repudiated.
Thus, <em>Barney has 30 days from the date Sam Seller requested an Adequate Assurance of Performance to respond.</em>
Answer:
The correct option is A:
cost of goods sold 10,750
merchandise inventory 10,750
Explanation:
When goods are bought for resale,the total cost of the goods bought is usually the invoice price paid as well as the cost of bringing in the goods i.e freight,hence the cost of the goods sold here is the invoice price of $10,000 plus the freight of $750,giving total cost of $10,750
When the goods are sold,merchandise inventory would be credited with $10,750 while cost of goods sold is debited with same amount.
The correct option is first one with cost of goods sold debited with $10.750 and merchandise inventory credited for $10,750
Oligopolies exist because of barriers to entry. One of the most important barriers to entry is due to economies of scale when it exists, the industry is more likely to be an oligopoly than a competitive one.
A market structure known as an oligopoly occurs when a few large sellers or manufacturers control a sizable portion of a market or an entire sector. Oligopolies are frequently the outcome of corporate collaboration as a way to increase profits. Because of the decreased competition, customers will pay more and workers will earn less.
In an oligopoly, there must be some entry barriers to allow businesses to capture a sizable portion of the market. These obstacles could be economies of scale or brand loyalty. Entry barriers, however, are lower than monopolies.
Several oligopoly-enabling circumstances have been noted. First off, there aren't many big companies in an oligopolistic market. This feature sets oligopoly apart from monopoly, in which there is only one entity.
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Answer:
Total Insurance need $166,500
Explanation:
Life insurance [DINK method]
Amount mortgage loan (half) $145,000
Auto loan(half) $7,500
Credit card balance(half) $2,000
Other debts(half) $4,000
Funeral cost $8,000
Total Insurance need $166,500
