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valentina_108 [34]
3 years ago
7

Stelwire LLC, a vintage car dealer, advertises the sale of a 1964 Ford Thunderbolt. Ralph

Business
1 answer:
DENIUS [597]3 years ago
3 0

Answer:

A) firm offer rule

Explanation:

The firm offer rule states that an offer shall remain open and firm until its expiration date (in this case a fortnight). Stelwire LLC can revoke an offer (anyone can) but in order to do so, it must notify the other party about the revocation. If Stelwire LLC didn't properly revoke the offer before Ralph accepted it, then they are liable for it.

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Julie and Barry Spinos purchased a house for $96,400. They made a 25 percent down payment and financed the remaining amount at 5
Alinara [238K]

Answer: $79.30

Explanation:

Cost of the house = $96400

Down payment = 25% × $96400 = $24100

Mortgage = $96400 - $24100 = $72300

Interest = 5.5%

Time = 5 years

Monthly payment.= $410.66

The interest for first payment will be:

= $72300 × 5.5% × 1/12

= $72300 × 0.055 × 0.08333

= $331.36

Therefore, the amount of the first monthly payment is used to reduce the principal will be:

= $410.66 - $331.36

= $79.30

5 0
2 years ago
Overhead includes all except _____________________.
Irina-Kira [14]

Answer:

B) Rent

Have an excellent day!!!

8 0
3 years ago
Better Buy, Inc. has 7 units in inventory on December 31. The units were purchased in November for $160 each. The price lists fr
ki77a [65]

Answer:

$1,120

Explanation:

Ending Merchandise Inventory is value of closing inventory in hand, to be valued at lower of cost or net realizable value or replacement value

Here, cost of closing inventory = 7 units X $160 each = $1,120

Since current realizable/ replacement value = $1,155

Cost is less than realizable value, therefore cost will be considered.

Thus ending merchandise inventory will be valued at total of $1,120.

3 0
3 years ago
On December 31, 2020, the Bennett Company had 105,000 shares of common stock issued and outstanding. On July 1, 2021, the compan
fredd [130]

$4.40 per share

Explanation:

The computation of the earning per share is shown below:

Earning per share = (Net income - preference dividend) ÷ (Weighted average of number of shares)

where,

Net income is $640,000

Preference dividend is $72,000

And, the weighted average number of share is

= 120,000

6 0
3 years ago
What is considered a human rights abuse by an American company may be viewed as an acceptable business practice in China, which
VladimirAG [237]

What is considered a human rights abuse by an American company may be viewed as an acceptable business practice in China, which illustrates that moral standards are <u>relative </u>to particular societies.

<h3>What are moral standards?</h3>

In summary, moral standards are what a person of society considers to be right or wrong regarding human behavior. These standards are often different in the distinct cultures and societies around the world, often due to differing histories that helped to form them.

Therefore, we can confirm that the situation described in the question is a direct result of the moral standards being relative to particular societies.

To learn more about societies visit:

brainly.com/question/8706433?referrer=searchResults

8 0
2 years ago
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