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Romashka [77]
3 years ago
7

"Boeing Company was scheduled to deliver several of its 747-400 jumbo jetliners to Northwest Airlines by December 31, 1988. Nort

hwest set that deadline because it needed the $16 million in investment tax credits the planes would bring. Boeing missed the December dead-line, and Northwest wants to recover compensation from Boeing for the lost tax credits. Could Northwest recover for these lost credits?
Business
2 answers:
MAXImum [283]3 years ago
5 0

Answer: NO, Northwest

Airlines can not recover lost credit tax, it has been forfeited.

Explanation:

What is a CREDIT TAX, this are grants given by government which is therefore used in replacing OLD APPLIANCES, and help tax payer reduce their total cost of housing unit.

As a result when due and over a year or more of request, it would be termed as unrecoverable.

The BOEING company, is an aviation company that manufactures Airplanes, jets and other airline Gadget, which are considered fast and reliable.

Boeing company airplanes and jetliners can fly 416 passenger within the range of 13,450kilometer, (8,360) miles.

The NORTHWEST AIRLINES, are in business with Boeing company and made several orders.

Due to the high expectance of getting a credit tax, on the investment they made on the JUMBO JETLINERS, from the boeing company, they put up a deadline, with an investment of $16 million

Now, due to TAX BREAK given to airlines and credits tax, the northwest wanted to use this medium to offset their cost and mitigate their future revenue and profit.

Since, the Boeing company failed in meeting up with the deadline made by the Northwest airlines which was to be as at DEC, 31st 1988.

Northwest airlines lost the credit tax they were to receive, on the planes they were expecting, and therefore decided to recover those lost credit tax from the Boeing company.

This is where the north airlines would request for a discount on the cost of the airplanes they invested on, or requiring a total refund because they couldn't meet their target.

Boeing company will definitely be at loss, due to the cost over head they encountered during production process, which they definitely won't agree to.

The credit tax has been forfeit, because its exceed more than a year of request and cannot be demanded for anytime in future.

yawa3891 [41]3 years ago
4 0

Answer

Explanation: I believe that Northwest could recover their lost funds if  a contract was drawn up by both parties which was understood and signed by all.

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Discount Travel has the following current assets: cash, $102 million; receivables, $94 million; inventory, $182 million; and oth
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Answer:

The current ratio is 2.98

Explanation:

total current assets = cash + receivables + inventory + other current assets

                                = $102 million + 94 million + 182 million + 18 million

                                = $396 million

total current liabilities = accounts payable + current portion of long term debt

                                     = $98 million + $35 million

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current ratio = current assets/current liabilities

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Therefore, The current ratio is 2.98

6 0
3 years ago
How many people can fit into the pentagon, which was once the largest office building in the world? assume that everybody must b
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The Pentagon is the world's largest office building, with about 6,500,000 sq ft (600,000 m2) of space, of which 3,700,000 sq ft (340,000 m2) are used as offices. Some23,000 military and civilian employees, and another 3,000 non-defense support personnel, work in the Pentagon.

Further Explanation:

5 sides to the Pentagon:

The structure was initially intended to fit onto a tract of land with fringes on five sides. At last, it was constructed somewhere else, at a site where a pentagonal shape was never again basic. Be that as it may, when of this area change, it was past the point where it is possible to think of another plan. So it stayed a pentagon.  

What occurs at the Pentagon:  

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Pentagon without a visit:  

You needn't bother with a ticket to enter the remembrance and there is no security check, however officials of the Pentagon Police power are on obligation and can do spot checks whenever.

Subject: business

Level: High School

Keywords:  5 sides to the Pentagon, What occurs at the Pentagon, Pentagon without a visit.  

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brainly.com/question/11864374

brainly.com/question/10797267

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2 years ago
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zhenek [66]

Answer:

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Planning phase basically aims at organizing the techniques for achieving the aims. This aims for planning phase to achieve the sales and set targets for gaining maximum performance in marketing. This sets all the strategies and policies for marketing.

7 0
3 years ago
A production facility employs 10 workers on the day shift, 8 workers on the swing shift, and 6 workers on the graveyard shift. A
prisoha [69]

Answer:

The answer is below

Explanation:

A What is the probability that all 4 selected workers will be the day shift?

B What is the probability that all 4 selected workers will be the same shift?

C What is the probability that at least two different shifts will be represented among the selected workers.

A)

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The probability that all 4 selected workers will be the day shift is given as:

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C(n,r)=\frac{n!}{(n-r)!r!}

B) The probability that all 4 selected workers will be the same shift (P_B) = probability that all 4 selected workers will be the day shift + probability that all 4 selected workers will be the swing shift + probability that all 4 selected workers will be the graveyard shift.

Hence:

P_B=\frac{C(10,4)}{C(24,4)}+\frac{C(8,4)}{C(24,4)}+\frac{C(6,4)}{C(24,4)}=0.0198+0.0066+0.0014=0.0278

C) The probability that at least two different shifts will be represented among the selected workers (P_C)= 1 - the probability that all 4 selected workers will be the same shift(P_B)

P_C=1-P_B\\\\P_C=1-0.0278\\\\P_C=0.972

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3 years ago
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