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Naddika [18.5K]
3 years ago
11

In restaurant supplies. On January 18, Hylavian mailed a letter to Quastrar accepting the offer. Quastrar received the acceptanc

e letter on January 20. On January 17, Quastrar sent a letter revoking the offer. Hylavian received this letter on January 21. A contract between Quastrar and Hylavian:
A. was formed on January 18.
B. was formed on January 20.
C. was not formed because the revocation was effective before the acceptance was received.
D. was not formed because the revocation was effective before the acceptance was sent.
Business
1 answer:
lianna [129]3 years ago
4 0

Answer:

A. was formed on January 18

Explanation:

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2. Sally Medavoy will invest $8,000 a year for 3 years in a fund that will earn 10% annual interest. If the first payment into t
ipn [44]

Answer: $10,746

Explanation:

Using Compound interest formula

A= p(1+r/n) *nt

A= final amount =?

P= initial principal =$8, 000

r = interest rate = 0.1

n= nob of times interest applied(3)

t=nob of times period elapsed (3)

A = 8,000 (1+0.1/3) *9

A = 8000 (3+0.1/3) *9

A= 8000 (3.1/3) *9

A = 8000 (1.0333) *9

A = 8000 × 1.34327

A= $10,746

5 0
3 years ago
Nimbus Inc. is a hybrid organization. The organizational structure of the company has been developed to combine geographic suppo
kolbaska11 [484]

Answer:

<em> B) that Nimbus has a matrix structure</em>

Explanation:

Yes absolutely the above information is true, and from the following statement that can be fittingly inferred is given in OPTION(B).

<em>Because matrix structure is something in that organizational structure of the company has a single record that is given to multiple administrator.</em>

So, therefore as we can see in the scenario that Nimbus Inc. is also has a matrix structure.

7 0
3 years ago
A machine whose cash ptice us $700 was bought on hire purchase for $784. The cost of credit was​
anastassius [24]

Answer:

$84

Explanation:

Cost of Credit refers to the expenses incurred when using credit. It is the cost of borrowing and is represented by the difference between the total amount paid back and the amount borrowed.

I.e., cost of credit = Amount paid - Amount borrowed.

In this case,

Cost of credit = $784 - $700

Cost of credit = $84

7 0
3 years ago
Ormand Company uses variable costing for internal decision-making purposes and has the following information for June: Sales $90
Slav-nsk [51]

Answer:

The manufacturing margin is $460000

Explanation:

Margin is the difference between a company revenue (sales) and the cost of manufacturing. Manufacturing margin is the profit a manufacturer gets from sales of goods or services. Fixed manufacturing costs, variable selling and administrative expenses and Fixed selling and administrative expenses are not used when calculating the manufacturing margin.

Manufacturing margin = Sales - Variable costs of goods sold = $900000 - $440000 = $460000

The manufacturing margin is $460000

3 0
4 years ago
Feldspar, Inc. started the year with 200 units in the Finished Goods Inventory account. It produced 600 units during the year an
Ivanshal [37]

Answer:

A. its operating income for the period will be higher than under absorption costing

Explanation:

As we know that

Under absorption costing, the fixed cost is divided on the number of units produced

And under the variable costing, the fixed cost is considered as a cost selling of goods so the absorption costing method will be lower than the value of finished goods.

As per the question, the started finished goods will help and sell the whole production and starting balance that means under absorption costing of goods which is to be sold is much than variable costing.

3 0
3 years ago
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