Answer: A. The inability of a plant asset to meet its demands.
Explanation:
When something is said to be inadequate, it means that it is not in enough quantity or rather lacks the capacity to perform the tasks that it is needed for.
The same goes when this is being spoken in relation to an asset. A plant asset that is inadequate is unable to meet the demands that it was acquired for.
Answer:
The issue is whether Joe is liable to pay for Bob to Avarice Bank or not.
Joe should prevail.
Explanation:
The original contract is between bank and Bob and in that contract Joe is not involved. Secondly payment on someone' behalf always has to be a written contract.
According to UCC, suretyships have to be written for them to be enforceable. This is mentioned in Statute of Frauds. It clearly states that any gurantee by thrid party for payment of debts has to be in writing.
In the evolution of the internet e-commerce allows people to make transactions online is the event occurred most recently.
<h3>Why e-commerce has grown up so much?</h3>
Today ecommerce has very vast market online and people are likely to sell and purchase the things online rather than going to physical market.
The increase in e-commerce has brought the emergency of online payment of the goods and services in the ecommerce.
Thus, option A is correct.
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The type of conflict that Kevin is facing based on the scenario that has being painted here is what is called the Conflict of loyalty. Option B.
<h3>What does it mean to be in conflict?</h3>
A mental conflict brought on by conflicting or incompatible wants, urges, wishes, or demands from the outside or the inside.
Conflict-affected individuals may come out as tense and uneasy. For instance, they could shun social situations and question everything they do all the time. Words and comments - How workers communicate verbally might show whether conflict is present. People tend to use far more emotional language when they are agitated.
When a person has a duty of loyalty to many entities and those entities' interests disagree, there is a conflict of loyalty.
When a board member may be swayed by factors other than what is best for the organization, there is a possible conflict of loyalties. Loyalty conflicts could be severe enough to qualify as interest conflicts.
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Answer:
INCREASE IN AVERAGE INVENTORY VALUE REQUIRED = $2.25 million
Explanation:
Inventory turnover will be determined as :
Inventory turnover = Annual sales ( at cost ) / Inventory value
Annual sales this year = $72million
Inventory turnover = 8 times
Therefore , Inventory value of current year = $72/8 =$ 9 MILLION
If annual sales ( at cost ) increases by 25%, Inventory value also has to increase by 25% to maintain the same inventory turnover ratio next year
Therefore , increase in average inventory value required = 25% of $9 million = $2.25 million
INCREASE IN AVERAGE INVENTORY VALUE REQUIRED = $2.25 million