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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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Carla Vista Company purchases Sandhill Company for $2470000 cash on January 1, 2021. The book value of Sandhill Company’s net as
Nady [450]

Answer: $214000

Explanation:

The amount of goodwill that should be recognized by Carla Vista Company when recording the purchase of Sandhill Company will go thus:

Book value of net assets = $1923000

Add: Excess fair value of tangible asset = $190500

Add: Excess fair value of intangible assets = $142500

Fair value of net assets = $1923000 + $190500 + $142500 = $2256000

Therefore, Goodwill will be:

=Cash paid for purchase - Fair value of net assets

= $2470000 - $2256000

= $214000

3 0
3 years ago
Which of the following does not allow a company to exclude a short term obligation from current liabilities? Group of answer cho
Neporo4naja [7]

Answer: Actually refinance the obligation.

Management indicated that they are going to refinance the obligation.

Have a contractual right to defer settlement of the liability for at least one year after the balance sheet date.

The liability is contractually due more than one year after the balance sheet date.

Explanation:

A current liability is an obligation payable within a year. A short term liability can be excluded from current abilities if management indicates that they are going to refinance it and show that they are capable of doing so.

Also if the company has a contractual right to defer settlement of the liability for at least one year after the balance sheet date, the short term obligation can be excluded.  The deferment means that it will be recognized in another period.

When the liability is contractually due more than one year after the balance sheet date, it stops being a current liability and becomes a non-current liability payable after a year.

3 0
3 years ago
Net domestic product is the total value of Select one: a. all final goods and services produced within a country's borders in a
Lady_Fox [76]

Answer:

The correct answer is letter "E": all final goods and services produced within a country's borders in a year minus capital consumption allowance.

Explanation:

Net Domestic Product (NDP) is calculated by subtracting depreciation from the Gross Domestic Product (GDP). In other words, NDP measures a country's domestic production during a period minus Capital Consumption Allowance (CCA). When the NDP increases indicate the economy of a country is safe but if it decreases it implies the economy is failing.

8 0
3 years ago
A statement of cash flows reflects a net cash flow from operating activities of -$89 million, a net cash flow from investing act
Mumz [18]

Answer:

The net cash movement is -$19 million, this means that the firm is facing liquidity challenges.

Explanation:

Movement of Cash during the year :

Net cash flow from operating activities  -$89 million

Net cash flow from investing activities     $42 million

Net cash flow from financing activities     $28 million

Movement during the year                        -$19 million

Conclusion,

The net cash movement is -$19 million, this means that the firm is facing liquidity challenges.

8 0
3 years ago
Based on angelique’s busy lifestyle, which other consequences might she experience? check all that apply. less appetite dozing o
Kamila [148]

Based on Angelique’s busy lifestyle,  other consequences might she experience are

  • dozing off in class
  • more likely to get sick
  • getting distracted

This is further explained below.

<h3>What is lifestyle?</h3>

Generally, The three pillars upon which a healthy lifestyle is built are proper diet, regular physical activity, and sufficient rest. Maintaining a healthy lifestyle keeps you fit, gives you more energy, and lowers the chance of developing the illness. The World Health Organization defines healthy living as a manner of life that enables one to take pleasure in a greater variety of life experiences.

<h3>What is bullying?</h3>

Research on bullying has, historically speaking, been dominated by large-scale cohort studies that have mostly focused on the personality features of bullies and victims. The prevalence of bullying, risk and protective variables, as well as the damaging effects of bullying, are the subjects of this research.

In conclusion, Other potential repercussions of Angelique's hectic lifestyle include falling asleep in class, an increased risk of becoming ill, and a heightened propensity to get distracted.

Complete Question

Angelique is a high school sophomore. She has a busy schedule that is packed with athletic activities, a social life, and homework. Often her afternoons and evenings are split between sports and friends, so she stays up late to catch up on homework. Most nights she gets between five to six hours of sleep. As a result, she wakes up each morning feeling tired.

Based on Angelique's busy lifestyle, which other consequences might she experience? Check all that apply.

-less appetite

-dozing off in class

-more likely to get sick

-being bullied

-getting distracted

Read more about lifestyle

brainly.com/question/1876980

#SPJ1

6 0
1 year ago
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