Answer:
C) a written contract.
Explanation:
There is a valid written contract between Millet Grains and Corn Cereal because two important things happened:
- Millet Grains sent a fax to Corn Cereals with a summary of the bargaining process held by both organizations.
- Once Millet Grains started to perform, Corn Cereals accepted the delivery of the goods.
UCC rules are relatively flexible between merchants and traders, and both companies classify as such. The fact that Corn Cereals received the fax from Millet and then received the goods is proof that a written and valid contract existed between them. It doesn't have to be signed by Corn Cereals to be enforceable, since they accepted it by receiving the goods.
Answer:
The probability that the sample mean is less than $56,000 is 0.0375.
Explanation:
Let <em>X</em> = teacher's salary in Connecticut.
The random variable <em>X</em> follows a Normal distribution with parameters <em>μ</em> = $57,337 and <em>σ</em> = $7,500.
A random sample of <em>n</em> = 100 teacher's salaries are selected.
The sample mean of every sample of 100 salaries will follow a normal distribution with mean <em>μ</em> and standard deviation <em>σ</em>/√n.
Compute the probability that the sample mean of the 100 salaries is less than $56,000 as follows:
*Use a <em>z</em>-table for the probability.
Thus, the probability that the sample mean is less than $56,000 is 0.0375.
Answer:
a. What do Maahir's indifference curves for shampoo and conditioner look like?
When two goods are perfect complements, their indifference curve will be L-shaped. When two goods are perfect substitutes, their indifference curve will be a straight line with a -1 slope.
b. Assume that shampoo costs $0.40 per pump and conditioner costs $0.20 per pump. If Maahir's budget for shampoo and conditioner is $12, use the space below to write the equation for his budget constraint.
0.4S + 0.2C = 12
S = C
the optimal bundle = 12 / 0.6 = 20 pumps of shampoo and 20 pumps of conditioner
Explanation:
Answer:
$450,000
Explanation:
Calculation to determine , the affect of this accounting change on prior periods that should be reported by a credit of:
Using this formula
Accounting change on prior periods=(2013 Percentage-of-Completion+2014 Percentage-of-Completion)-(2013 Completed-Contract+2014 Completed-Contract)*(1-Tax rate)
Let plug in the formula
Accounting change on prior periods=[($900,000+$950,000)-($475,000+$625,000)]*(1-40%)
Accounting change on prior periods=($1,850,000-$1,100,000)*0.60
Accounting change on prior periods=$750,000*.60
Accounting change on prior periods=$450,000
Therefore Assuming an income tax rate of 40% for all years, the affect of this accounting change on prior periods should be reported by a credit of:$450,000
The project management institute initially published the Organizational Project Management Maturity Model (OPM3).
<h3>What is management?</h3>
Management refers to the group of people working together in order to achieve the common goals of the organization. It involves certain activities such as planning, organizing, directing, staffing, commanding and controlling.
Organizational Project Management Maturity model, which implies that procedures centered on a single discipline. The five-step approach covers fundamental to advanced procedures.
It bridges the gap between the organizational strategy and successful projects.
Learn more about project management here:
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