Suppose there is a simple index of three stocks, stock ABC, stock XYZ, and

if dan's baseball card collection is stolen after he entered in to an agreement to sell the cards, the contract must be because

Pie

If dan's baseball card collection is stolen after he entered into an agreement to sell the cards, the contract must be discharged, because of the impossibility of performance.

What is the agreement?

A contract between two or more people to do something is referred to as an agreement. Two or more parties must agree to the terms of the agreement in order to create a legally binding commitment.

The baseball card collection entered into an agreement to sell the cards, the contract must be discharged, and the performance is impossible. The credit card was taken. This is the primary reason for the performance's impossibility.

As a result, the agreement of the discharge of the contract.

Learn more about the agreement, here:

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5 0

1 year ago

A business issues 20-year bonds payable in exchange for preferred stock. This transaction would be reported on the statement of

Oxana [17]

Answer:

A. a separate schedule.

Explanation:

This is explained to be cash flow schedule or also cash flow statement. It is explained to be on out of the three financial statement which used generally to report for cash which been generated and how this money has been totally been spent within a period or interval which could be a week, month, quarter or even probably a year.

In the statement of cash flows, the cash flows are known to be generated from investing activities section while inclusion of receipts from the sale of investments. This is why in the stated 20 year payable bond, it is known to have been recorded in statement of cash flows in a separate schedule.

4 0

3 years ago

Kennedy Company reports the following costs and expenses in May.

mamaluj [8]

Answer:

a. $161,350

b. $398,050

c. $81,140

Explanation:

<u>Total amount of manufacturing overhead</u>

Factory utilities $16,500

Depreciation on factory equipment $12,650

Indirect factory labor $48,900

Indirect materials $70,800

Factory manager's salary $8,000

Property taxes on factory building $2,500

Factory repairs $2,000

Total $161,350

Note : Manufacturing Overheads are Indirect Manufacturing Costs that can not be easily traced to the Product being manufactured.

<u>The total amount of product costs</u>

Direct materials used $157,600

Direct labor $79,100

Manufacturing Overhead $161,350

Total $398,050

Note : Product Costs are Direct Manufacturing Costs that can be easily traced to the Product being manufactured.

<u>The total amount of period costs</u>

Depreciation on delivery trucks $3,800

Sales salaries $48,400

Repairs to office equipment $1,300

Advertising $23,000

Office supplies used $4,640

Total $81,140

Note : All Non Manufacturing Costs are Period Cost. Period Costs are expensed in the Income Statement.

4 0

2 years ago

To receive a loan from the imf, a country must agree to make economic reforms. join the group of 20. agree to develop certain in

ValentinkaMS [17]

To receive a loan from the imf, a country must agree to make economic reforms and conditions related to that loans.

<h3>What are the condition to receive a loan from IMF?</h3>

To receive a loan from the IMF, a country must agree to make economic reforms.
It has to follow the conditions associated with loans, debt relief and financial aid.

So we can conclude that To receive a loan from the IMF, a country must agree to make economic reforms and conditions related to that loans. #SPJ4

Learn more about IMF here: brainly.com/question/10346932#

6 0

1 year ago

Read 2 more answers

Car and Auto Sisters had retained earnings of $18,000 on the balance sheet but disclosed in the footnotes that $3,000 of retaine

zmey [24]

Answer:

$14,000

Explanation:

The computation the retained earning balance for dividend distribution is shown below:

= Retained earnings - retained earnings was restricted for plant expansion - restricted for bond repayments

= $18,000 - $3,000 - $1,000

= $14,000

Simply we deduct those items which affect the retained earnings balance.

All other information which is given is not relevant. Hence, ignored it

8 0

3 years ago