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SIZIF [17.4K]
3 years ago
14

Collector Carl displays his beer can collection at the local swap meet. Mary sees the collection and is interested in buying it.

Carl says he will sell the collection for $1,500. Mary says she really likes the collection but is only willing to pay $1,000. Which of the following is correct?a. Mary's offer is an option contract and she cannot revoke the offer.b. Mary's counteroffer terminates Carl's offer of $1,500.c. Neither offer is valid. Who would ever pay $1,000 or $1,500 for a beer can collection?d. If Carl rejects Mary's counteroffer, she can still accept Carl's offer of $1,500.
Business
1 answer:
horrorfan [7]3 years ago
6 0

Answer:

Which of the following is correct?

b.

Explanation:

b. Mary's counteroffer terminates Carl's offer of $1,500

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The adjusted trial balance of Bramble Corp. at December 31, 2019, includes the following accounts:
natulia [17]

Answer:

$11,400

Explanation:

                       Income Statement

         For the year ended December 31, 2019

Particulars                                                Amount

<u>Revenues</u>

Service revenue                                       $37,900

<u>Expense</u>

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Insurance expense                   $2,900

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Total expenses                                         <u>$26,500</u>

Net income (loss)                                     <u>$11,400</u>

4 0
3 years ago
These are formed to help develop academic knowledge, technical skills,
Stolb23 [73]

CTSOs (career and technical student organizations) are formed to help develop academic knowledge, technical skills, employability, and leadership skills.

<h3>What are career and technical student organizations?</h3>

This is the term that is used to refer to the vocational organizations that are in existent in the American society that are useful for the students that are in the high school, the university and and other technological career centers.

The goals of the CTSOs is that they would be able to serve the students that are registered in the services so that they are taught certain competencies that they would require as they advance into the careers that they have chosen in the society.

Hence we can say that CTSOs (career and technical student organizations) are formed to help develop academic knowledge, technical skills, employability, and leadership skills.

Read more on CTSOs  here: brainly.com/question/10917703

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8 0
1 year ago
To provide better service for their customers, America Online purchased office space in India for their online customer service
jekas [21]

Answer:

Foreign Direct Investment

Explanation:

For an investment to be called a foreign direct investment, a business in one country must purchase a form of controlling ownership in another business which is located in another country. Mergers and acquisitions, opening a new facility in another country, or purchasing properties in another country for the purpose of doing business is called FDI. In the question, America Online purchases office space in India; this is purely an example of Foreign Direct Investment.

4 0
3 years ago
Pina Corporation began operations on January 1, 2014. During its first 3 years of operations, Pina reported net income and decla
Sophie [7]

Answer:

The retained earnings statement showed a closing retained earnings of $226,120.00  as at 2017 year end.

Explanation:

In arriving at the closing retained earnings , I treated prior items retrospectively- that is as if the impact of such items have been in the accounts from day one,less the tax effect of all items involved.

For instance ,I deducted the understatement of depreciation in 2015 less of tax impact of 40%

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7 0
2 years ago
A $1 per unit tax levied on consumers of a good is equivalent to
Katen [24]

Based on accounting principles, a $1 per unit tax levied on consumers of a good is equivalent to "a $1 per unit tax levied on producers of the good."

This is based on the idea that the market reaches the exact equilibrium price irrespective of who is accountable for paying the money to the government.

In other words, when the government levies a tax on a good, producers are not exempted from the tax levy because that money will be recouped from the producers' sales or revenue.

Hence, in this case, it is concluded that tax on goods is inevitable to consumers and producers.

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7 0
2 years ago
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