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saul85 [17]
3 years ago
8

Ace Corp., a company based in New York, uses the delivery services of Red Source Inc. to ship machinery to a customer located in

Boston. If the contract is a normal shipment contract_________
Business
1 answer:
Galina-37 [17]3 years ago
4 0

Answer:

The correct answer is Ace Corp. will bear the risk of loss until the goods are delivered to Red Source.

Explanation:

A normal shipping contract does not handle levels of security like one that is fully guarded. Shipping companies give priority to these types of shipments and make special follow-up so that they are handled delicately, delivery times are met and they are insured, in this way there is full certainty that the merchandise arrives in good condition.

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Splish Brothers Inc. issues $257,000, 10-year, 8% bonds at 99. Prepare the journal entry to record the sale of these bonds on Ma
klemol [59]

Answer:

Dr Cash 254,430

Dr Discount on bonds payable 2,570

Cr Bonds payable 257,000

Explanation:

Preparation of the journal entry to record the sale of these bonds on March 1, 2022

Based on the information given we were told that Brothers Inc. issues the amount of $257,000 that includes 10-year and 8% bonds at 99 which means that the journal entry to record the sale of these bonds on March 1, 2022 will be :

March 1, 2022

Dr Cash 254,430

(257,000*99%)

Dr Discount on bonds payable 2,570

([$257,000*(100%-99%)]

Cr Bonds payable 257,000

(Being to record the sale of bonds)

8 0
3 years ago
Find 1 or 2 examples from this historically significant persuasive speech where President Reagan attempts to strengthen or
timama [110]

<u>Examples from the speech of Ronald Wilson Reagan:</u>

Ronald Wilson Reagan was an U.s politician and was a major power voice in modern liberalism as President of the USA.

Example for strengthening or weakening the attitudes, beliefs or values of his audience:

In the 1950s, Khrushchev anticipated, 'We will bury you'. But now, in the USA, we are seeing a civilized world which has accomplished a standard of life and very well-being historically unprecedented. In the socialist world, we are facing stagnation, technical retrograde circumstances, dropping standards, even a lack of basic nutrition.

Example for motivate his audience to action, President Regan's aim when he said:

" Secretary-General Gorbachev, if you really are seeking peace if you are pursuing stability for the Soviets and Europe if you are seeking democratization, Move over here to the gate. "

8 0
3 years ago
Ploeger Corporation has provided the following contribution format income statement. Assume that the following information is wi
Natasha_Volkova [10]

Answer:

Break-even point (dollars)= $234,000

Explanation:

Giving the following information:

Sales (4,000 units) $ 240,000

Variable expenses 156,000

Fixed expenses 81,900

First, we need to calculate the selling price and unitary variable cost:

Selling price= 240,000/4,000= $60 per unit

Unitary variable cost= 156,000/4,000= $39 per unit

Now, we can calculate the break-even point in dollars, using the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 81,900/ [(60 - 39)/60]

Break-even point (dollars)= $234,000

5 0
3 years ago
Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The company�s discount rate is
Lelu [443]

Answer:

NPV = 35,660.291

Explanation:

NPV = PV of cash flow + PV at project end - investment - overhaul

.17 discount rate

275,000

86,000

<em>Investment 361,000</em>

420,000

-205,000

-87,000

128,000 net cash flow

PV of cash flow

C * \frac{1-(1+r)^{-time} }{rate} = PV\\

128,000 \times \frac{1-(1.17)^{-4} }{0.17} = PV\\

<em>PV = 351,134.081 </em>

overhaul

-10,000 overhaul in year 2

\frac{Nominal}{(1 + rate)^{time} } = PV

\frac{-10,000}{(1.17)^{2} } = PV

<em>PV -7305.14</em>

At end of project

+86,000 working capital

+13,000 salvage value

99,000 at project end

PV at project end

\frac{Nominal}{(1 + rate)^{time} } = PV

\frac{99,000}{(1.17)^{4} } = PV

<em>PV = 52831.35</em>

NPV = PV of cash flow + PV at project end - investment - overhaul

NPV = 351,134.081  + 52831.35 - 361,000 -7305.14

NPV = 35,660.291

5 0
3 years ago
g The marginal tax rate is the total taxes paid as a percentage of total income. the sum of all individual tax rates. the increa
balu736 [363]

Answer:

  the increase in taxes as a percentage of the increase in income

Explanation:

"Marginal" anything in business or economics refers to rate of change. The marginal tax rate is the tax paid on the next unit of income. That is, it is ...

  the increase in taxes as a percentage of the increase in income

4 0
3 years ago
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