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zepelin [54]
3 years ago
14

A-Plus Linens sent the following notice to John C. Lincoln Hospital: "We'll pay you. Drop your current linen service and we'll g

ive you $5 for every 100 pounds of linen you send our way." The notice sent by A-plus: a. is contract interference. b. is defamatory. c. is invasion of privacy. d. none of the above
Business
1 answer:
ehidna [41]3 years ago
5 0

Answer:The answer is a

Explanation:

A contract is an agreement between two or more parties which contains the terms and conditions of the contract and which also serve as an evidence that the two parties in the contract has a duty to perform to each other. The terms and conditions of the contract can be enforced in the court of law in case of a breach of contract which may come from either parties in the contract agreement. While, a contract interference is a kind of breach of contract in which one vendor put a pressure on the organization in which they offer service to withdraw from the contract the organization earlier had with one of their competitors in the market. This contract interference can occur when a vendor either force or put a financial inducement on the organization with a view to make them consider their proposal to the organization to eventually agree to abandon the contract they had with their competitors in favour of getting the contract instead of their competitors who should get the contract.

Therefore, from what we can deduce from the question under review, it is clear that A plus linen has engage in contract interference by offering John C Lincoin hospital $5 for every 100 pound of linen they send to them by dropping their current linen service.

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Onslow Co. purchased a used machine for $178,000 cash on January 2. On January 3, Onslow paid $2,840 to wire electricity to the
Aleksandr-060686 [28]

Answer:

First we must determine the total cost of the machine:

total cost = $178,000 + $2,480 + $1,160 = $181,640

Now we must find the depreciable value:

depreciable value = total cost - salvage value = $181,640 - $14,000 = $167,640

since the machine is going to be used for six years, the depreciation expense per year = depreciable value / useful life

depreciation expense per year = $167,640 / 6 years = $27,940

if it was depreciated during 5 years, the total depreciation expense would be: $27,940 per year x 5 years = $139,700

If the machine was depreciated before time, and sold only at its salvage value, Onslow Corp. should report a loss of $27,940.

7 0
3 years ago
Suppose seafood price and quantity data for the years 2000 and 2009 follow. Use 2000 as the base period. Seafood 2000 Qty. (lb)
Ksivusya [100]

Answer:

a) Price Relative for Halibut is 115.9 (1 d.p)

Price Relative for Lobster is 85.4 (1 d.p)

Price Relative for Tuna is 105.4 (1 d.p)

b) The Weighted Aggregate Price Index for the seafood catch is 98.4.

Explanation:

a) The Price Relative for a good refers to it's current price divided by it's base price times 100. It therefore measures a change in price across different periods.

Writing the formula as stated is,

Price Relative = Current Price / Base Price * 100

Price Relative for Halibut = 2.33/2.01 * 100

= 115.9 (1 d.p)

Price Relative for Lobster = 3.09/3.62 * 100

= 85.4 (1 d.p)

Price Relative for Tuna = 1.97/1.87 * 100

= 105.35

= 105.4 (1 d.p)

b) The Weighted Aggregate Price Index enables us to see how prices in a particular basket has changed over a period of time. It is calculated as follows,

Weighted Price Index = (Sum of Weighted Current Price ) / ( Sum of weighted Base Price) * 100

Sum of Weighted Current Price = (75,190 * 2.33) + (83,080 * 3.09) + ( 50,779 * 1.97)

= 538,124.53

Sum of Weighted Base Price = (75,190 * 2.01) + (83,080 * 3.62) + ( 50,779 * 1.87)

= 546,838.23

Weighted Price Index = (538,124.53 / 546,838.23) *100

= 98.4

The Weighted Aggregate Price Index for the seafood catch is 98.4.

6 0
3 years ago
Hubert works for MRK all year and earns a monthly salary of $ 11,900. There is no overtime pay. Brooke​'s income tax withholding
Rom4ik [11]

Answer:

monthly salary $11,900

income tax withholding 10%

United Way contribution 5%

health insurance $125

cumulative earnings until September 30 = $107,100

Brooke's net pay for October:

Gross pay $11,900

federal income tax withholding -$1,190

United Way contribution -$595

Social Security -$737.80

Medicare -$172.55

health insurance -$125

net pay = $9,079.65

October 31, 202x, wages and payroll taxes expense

Dr Wages expense

Dr FICA tax (OASDI) expense

Dr FICA tax (Medicare) expense

    Cr Federal income tax withholding payable 1,190

    Cr United Way contribution payable 595

    Cr FICA tax (OASDI) withholding payable 737.80

    Cr FICA tax (OASDI) payable 737.80

    Cr FICA tax (Medicare) withholding payable 172.55

    Cr FICA tax (Medicare) payable 172.55

    Cr Health insurance 125

    Cr Wages payable 9,079.65

No FUTA or SUTA tax expense because they only apply for the first $7,000 earned per year. Since we are not told if the employer also pays a % of the health insurance, then we cannot calculate it, nor any 401k contribution.

3 0
3 years ago
By the end of the accounting period, employees have earned salaries of $650, but they will not be paid until the following pay p
pav-90 [236]

Answer:

The required adjusting entry would be to debit the Salaries expense account $650 and credit the accrued salaries account $650.

Explanation:

When an expense is incurred but yet to be settled in accrual accounting, the expense has to be recognized in the period in which it is incurred by debiting the expense account and crediting the accrued expense ( a liability) account with the amount incurred.

5 0
3 years ago
One implication of the phenomenon described by economist richard easterlin as the "hedonic treadmill" is that: question 4 option
IRINA_888 [86]

The hedonic treadmill is the tendency for people to return to a stable level of happiness after major positive or negative events in their life.

7 0
3 years ago
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