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Nimfa-mama [501]
3 years ago
14

Food Packaging, Inc., agrees to sell 50,000 6-ounce yogurt containers to Golden Dairy Company. Food can obtain only 20,000 of th

e 6-ounce containers, but also ships 30,000 more expensive 8-ounce containers for the same price. Under these circumstances, Golden
A. cannot reject delivery, and Food cannot later replace the containers.
B. cannot reject delivery, but Food can later replace the containers.
C. may reject delivery, and notice to Golden of Food’s intent to cure will give Food a reasonable time to replace the containers.
D. may reject delivery, but Food cannot later replace the containers.
Business
1 answer:
posledela3 years ago
5 0

Answer:

Option C.

Explanation:

From the scenario presented above, Golden is not in any way liable for the inability to supply the total quantity of the 6-ounce yogurt containers, therefore, Golden can choose to reject the delivery of the 8-ounce containers.

Also, Golden can give Food Packaging a reasonable amount of time to enable them replace the containers, of Golden is not in a hurry to begin production and packaging.

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FitForLife Gym, a large U.S. based fitness center, receives royalty payments from WeWelness, a small Canadian company, for using
Andre45 [30]

Answer:

<em>Licensing </em>

Explanation:

Licensing <em>is a business agreement whereby one company gives authorization to another company to produce its product for a defined fee.</em>

Licensing allows you to immediately tap current manufacturing, marketing and distribution systems which may have been built by other companies for decades.

8 0
3 years ago
Accounts receivable arising from sales to customers amounted to $84,000 and $74,000 at the beginning and end of the year, respec
solmaris [256]

Answer:

$330,000

Explanation:

Change in WC = Opening receivables - Closing receivables

Change in WC = $84,000 - $74,000

Change in WC = $10,000

The decrease in working capital is $10,000

Cash from operating activities = Net income + Decrease in Working Capital

Cash from operating activities = $320,000 + $10,000

Cash from operating activities = $330,000

Thus, the cash from operating activities is $330,000

4 0
3 years ago
Employees whose values match the values of the organization they work for generally ________________ than employees whose values
Sholpan [36]

Answer:

Employees whose values match the values of the organization they work for generally SHOW MORE COMMITMENT TO THEIR JOBS than employees whose values don't match the organization.

Explanation:

Workplace values are the guiding principles that are most integral to the way a company works. Simply put, company's values, and the culture they create can spell the difference between success and failure.

The way people behave is deeply rooted in their values, when employees share their company's values, they make more informed decisions and are more committed to their jobs.

Sharing same values with the organization one works with increases the rate of productivity as one tends to be more motivated and dedicated to the job.

Therefore, the answer that best suits the question is that employees whose values match the values of the organization SHOW MORE COMMITMENT TO THEIR JOBS than employees whose values don't match the organization.

6 0
3 years ago
On January 1, the company purchased equipment that cost $10,000. The equipment is expected to be worth about (or has a salvage v
svetoff [14.1K]

Answer:

See below

Explanation:

10000-1000=9000 to be depreciated

9000/5=1800 annual depreciation

journal entry:

depreciation expense.     1800 (debit)

  Accumulated depreciation.   1800 (credit)

to record annual depreciation

5 0
3 years ago
A company has the following liabilities at year end:
lisov135 [29]

Answer:

B) $16,000

Explanation:

Current liabilities are debt that must be paid within a 12 month period.

The total value of the notes payable is $355,000, but only $16,000 is due within 12 months. The $175,000 of short term debt has been refinanced and reclassified as long term debt. The $25,000 of deferred tax liability is also non current.

4 0
3 years ago
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