Travel different places and work.
Answer:
Toyoda and the subcontractors.
Explanation:
According to UCC Article 2, both the manufacturer and the subcontractor are liable for any damage caused by any defects.
This situation happened (and continues to happen) with the Takata airbag recall, where several car manufacturers and Takata were liable for defective airbags. Takata already filed for bankruptcy, so the car manufacturers deal with the recalls themselves. Both of them are liable for the defective airbags even though Takata manufactured them.
Answer:
Option B) Bad Debt Expense 500Accounts Receivable – Bob Smith 500
Explanation:
These entry doesn't exist because first you recognize the bad debt against the Allowance for Doubtful Accounts, and then when the company wrote off the account, it's the moment the entry it's Allowance for Doubtful Accounts against the Account Receivable.
Answer:
b) $2,350
Explanation:
The computation of the cost of goods sold under the LIFO method is shown below:
Since there is 60 unit sold
So,
= Number of units purchase × price per unit + opening inventory remaining units × price per unit
= 50 units × $40 + 10 units × $35
= $2,000 + $350
= $2,350
hence, the cost of goods sold under the LIFO method is $2,350
Therefore the correct option is b) $2,350
Understanding your money and how to keep it moving in a positive direction is another way of <u>Generating </u><u>Positive</u><u> </u><u>Cash</u><u> </u><u>Flow</u>.
Positive Cash Flow means an agency has more money stepping into it than out of it. Bad cash goes with the flow indicates an organization has extra cash moving out of it than into it.
We can see, highlighted in blue, that JC Penney acquired an inflow of coins from borrowings of a credit facility together with extra coins from new lengthy-term debt. In different phrases, the employer nevertheless posted a loss for the period but received sufficient coins from borrowing to offset the loss and create Positive Cash Flow.
The stability you owe for your card will now not count the number as a “cash outflow” till the debt is truly paid. After your calculations, if your closing balance adds up to be more than your starting balance, your coins float is nice. If it adds as much as being decrease, your coins float is terrible.
Learn more about Positive Cash Flow here brainly.com/question/5129874
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