Answer:
See explanation Section
Explanation:
Culver Corporation
Balance Sheet (Current Asset only)
As at December 31, 2017
Particulars $ $
Cash $8,220
Accounts Receivable $97,530
Less: Allowance for
<u>Doubtful Accounts (4,520) </u> $93,010
Prepaid Insurance $6,040
Inventory $34,900
<u>Equity Investments $13,510</u>
Current Assets $155,680
Note: As equity investment will be sold in the next year, it is shown as current assets. Land and patents are property, plant, and equipment.
Answer: d. No, a contract has not been formed, since Harry has not signed a contract for the goods.
Explanation:
The Uniform Commercial Code (UCC) utilizes the Statute of Frauds which states that contracts for goods worth over $500 in value are to be signed for them to be valid.
The goods here are worth:
= 1,200 * 2
= $2,400
This contract is well worth over the $500 required for the contract to be signed which means that as Harry did not sign the contract, there is no contract.
Corporate culture is important as it guides how the workers in a company act and think.
<h3>What is corporate culture?</h3>
It should be noted that corporate culture simply means the behaviors that determine how the employees of a company interact.
In this case, corporate culture is important as it guides how the workers in a company act and think.
Learn more about culture on:
brainly.com/question/25010777
#SPJ1
Answer:
Kyle will have in five years from now 2,501.26 dollars for his investment on certificate of deposit.
Explanation:
We need to calcualte the future value of a lump sum:
Principal $ 2,200
time 5 years
rate 2.6% = 2.6/100 = 0.02600
Amount 2,501.26
