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Ratling [72]
3 years ago
10

Quest Outdoor Store orders River Run-brand kayaks from Sports Merchandise, Inc. Sports Merchandise ships kayaks of the wrong siz

e, which Quest rejects and returns via Trans-State Shipping Company. During the return, the kayaks are lost. The loss is suffered by____________.
Business
1 answer:
Sidana [21]3 years ago
5 0

Answer:

Sports Merchandise

Explanation:

According to the situation that has been described in the question it can be said that the loss is suffered by Sports Merchandise. This is because a the seller of a good or product is liable for that product until the buyer purchases the product and decides to keep it. Which in this scenario since Sports Merchandise made a mistake on the product size and Quest decided not to accept the product then the responsibility and risk of loss remained with Sports Merchandise as the owner of the product.

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Walter opens a motorcycle repair shop where he will not only repair motorcycles, but will also offer custom paint jobs, accessor
beks73 [17]
Make a profit...............
5 0
3 years ago
A company deposits $3500 in a bank at the end of every year for 12 years. The company makes no deposits during the subsequent 8
Firdavs [7]

Answer:

FV= $94,108.42

Explanation:

<u>First, we need to calculate the future value of the 12 annual deposits:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {3,500*[(1.06^12) - 1]} / 0.06

FV= $59,044.79

<u>Now, the future value at the end of the 20 years (8 years more):</u>

FV= PV*(1 + i)^n

FV= 59,044.79*(1.06^8)

FV= $94,108.42

4 0
3 years ago
Can putting an application form for a new job in with the business mail be considered an example of theft or fraud at work?
mihalych1998 [28]

This stands unprofessional more than theft although technically if the business exists paying for your private postage you stand in theory stealing from your employer.

<h3>What is fraud ?</h3>

Fraud exists as a deliberate act (or failure to act) to acquire an unauthorized benefit, either for oneself or for the institution, by utilizing deception or false suggestions or suppression of truth or other unethical standards, which exist believed and relied upon by others. The definition of an e-mail exists as a message sent from one computer to another over the Internet, utilizing a set web mail server address.

This stands unprofessional more than theft although technically if the business exists paying for your private postage you stand in theory stealing from your employer. It would also look bad if the organization to whom you had applied for the new job had detected that your envelope had been spent for by your employer and they may question your honesty and innocence as a person.

To learn more about fraud refer to:

brainly.com/question/1260589

#SPJ9

4 0
2 years ago
The YTM on a bond is the interest rate you earn on your investment if interest rates don’t change. If you actually sell the bond
prisoha [69]

Answer: Yield to Maturity (Return) = 9.04% , Value of the Bond in 2 years = $ 1656.71

Explanation:

Calculating the expected return (yield to maturity)

Future value = $1000

Price = $1200

Coupon = $110 (1000×11/100)

N (number of period) = 19 years

yield to maturity = (C + (Fv - P)÷N) / ((Fv+P)÷2)

yield to maturity = (110 + (1200 - 1000)÷19) / ((12000+1000)÷2)

yield to maturity = (99.47368421)/1100 = 0.090430622

yield to maturity = 9.04%

Calculating value of the bond in two years

Price = $1200

Coupon (Pmt) = $110 (1000×11/100)

N (number of periods) = 2 years

R (YIELD TO MATURITY) = 9.04%

Future Value of a bond = Future Value of the price + Future value of the annuity

FV = P(1+R)^n + (Pmt × (1+R)^2 - 1)/ R

FV = 1000(1 + 0.0904)^2 + 110(1 +0.0904)^2 - 1)/0.0904

FV = 1426.766592 + 229.944

FV = 1656.710596

FV = 1656.71

the selling price of the bond will be $ 1656.76

5 0
3 years ago
"Nanci purchases all of the assets of Michael's Security Service for $200,000. The assets are as follows: Asset Adjusted Basis F
maxonik [38]

Answer:

option (b) $35,556

Explanation:

Given:

Cost of purchase of assets = $200,000

Asset            Adjusted Basis        Fair Market Value

Inventory      $25,000                     $50,000

Equipment   $60,000                     $40,000

Supplies       $20,000                     $20,000

Building        $80,000                     $95,000

Land             $10,000                      $20,000

Total            $195,000                    $225,000

Now,

since, fair market value is greater than Basis,

Percentage FMV on Equipment =\frac{\textup{FMV for equipment}}{\textup{Total FMV}}\times100\%

⇒ Percentage FMV on Equipment = \frac{\$40,000}{\textup{225,000}}\times100\%

= 17.77%

thus,

Nanci's basis in the equipment = Percentage FMV × Assets

= 17.77% × $200,000

= $35,555.56  ≈ $35,556

Hence,

The correct answer is option (b) $35,556

6 0
3 years ago
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