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3 years ago

Which of the following is considered a constructive delivery of a gift?

Business

1 answer:

Hoochie [10]3 years ago

7 0

Answer:

A) giving the key to a safe-deposit box where the gift is kept

Explanation:

A Constructive delivery possession is that acquisition when here a symbolic transfer of property. The constructive distribution of the possession is basically a right that the property is not actually managed
But the donor has done something to convey the possession, but the property is of such a nature that physical possession is then not possible, the creative possession of the property is sufficient to carry out the act of gift.

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Which phrase describes an unsolicited proposal?

mezya [45]

Answer: D.) not requested by the audience

Explanation: An unsolicited proposal simply means a proposal which is not based on request by the audience or the company it is being addressed to. It involves a written application aimed at obtaining a contract or work placement in an agency when such agency or organization without any formal request or call for application by the agency or organization. Unsolicited proposal are usually written in other to inform an agency that the writer is capable of offering solution to a problem within the agency or industry using his or own innovative idea.

4 0

3 years ago

Which of the following is true about multicollinearity?

Komok [63]

Answer:

d. It is best measured using the statistic variance inflation factor (VIF).

Explanation:

Multicollinearity is an important issue in multiple regression model, having many independent/ explanatory variables. Multicollinearity is the situation in which two or more independent variables are highly correlated. It is problematic because it increases the standard error of independent variable coefficient & undermines its statistical significance

Variance Inflation Factor [VIF] is a check & corrective measure of multicollinearity.

VIF as a multicollinearity check : It quantifies the correlation between one explanatory variable with other explanatory variables.VIF = 1 implies there is no multicollinearity (correlation between independent variables); VIF upto 5 implies there is moderate multicollinearity (correlation between independent variables). VIF > 5 implies high multicollinearity (correlation between independent variables)
VIF as a multicollinearity correction : Calculating $Var (\beta j )$ = σ^2 / $[TSS j (1 - R^2j)]$ ; where TSS = total sum of square of variable j , σ^2 = j variance, R^2 j = R^2 from regressing all other independent variable on variable j

3 0

3 years ago

Assume the following information for Kingbird Corp. Accounts receivable (beginning balance) $139,000 Allowance for doubtful acco

dezoksy [38]

Answer:

Prepare journal entries of sales, collections, write offs of accounts receivable, and reverse entries:

Date Account details and explanations Debit Credit

Accounts receivable 944,000

sales revenue 944,000

Allowance for doubtful accounts 5300

Accounts receivable 5300

Accounts receivable 1800

Allowance for doubtful accounts 1800

cash 1800

Accounts receivable 1800

Calculating the ending balance of accounts receivable and unadjusted ending balance of allowance for doubtful accounts:

particulars Amount ($)

beginning balance of accounts receivable 139,000

Add: Net credit sales 944,000

less : Collections 908,000

Write-offs 5,300

Add: Reinstated amount 1800

less: Collections 1800

Ending balance of accounts receivable 169700

particulars Amount ($)

beginning balance of doubtful accounts 11,370

less : Write-offs 5300

Add: Reinstated amount 1800

Ending balance of unadjusted balance 7870

allowance of doubtful accounts

Preparing journal entry to record bad debt

Date Account details and explanations Debit Credit

Bad debt expense ( 169700*8%) - 7870 12789

allowance of doubtful accounts 12789

7 0

3 years ago

Assume Maine Line Railway is considering hiring a reservations agency to handle passenger reservations. The agency would charge

inna [77]

Answer:

$214,000

Explanation:

The total reservation cost per month is given by the following expression:

$R = \$14,000+\$1*n$

Where 'n' is the number of monthly reservations.

If there are 200,000 reservations for passengers taking a trip next month, the reservation cost is:

$R = \$14,000+\$1*200,000\\R=\$214,000$

Total reservation cost is $214,000.

7 0

3 years ago

Read 2 more answers

In the value chain model for a hospital, pharmaceutical companies and organ donors would be considered as

natta225 [31]

It would be outputs

Hope I helped

4 0

3 years ago