1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Komok [63]
3 years ago
12

Richard goes on a vacation to Orlando, Florida and stays in a hotel there. While at the hotel, he accidentally leaves his guitar

in his hotel room and checks out of the hotel. The guitar represents ________, and the hotel has a duty to return it to Richard, who is its rightful owner.
Business
1 answer:
Serjik [45]3 years ago
5 0

Answer:

mislaid property

Explanation:

Based on the information provided within the question it can be said that the guitar represents mislaid property. This term refers to something that was left in a specific place with the intention of retrieving it later but then forgotten. Which is exactly what happened with the guitar, as Richard left it in the hotel for safe keeping but forgot to take it when he left the hotel for good.

You might be interested in
Solvency refers to: A. long-term ability to generate sufficient cash to satisfy plant capacity needs, fuel growth, and to repay
Papessa [141]

Answer:

A. long-term ability to generate sufficient cash to satisfy plant capacity needs, fuel growth, and to repay debt when due.

Explanation:

Solvency is defined as the long-term ability of a business the generate enough cash flow that will allow it to continue its operations and also to pay of its debt when due.

It is used as a measure of the financial health of the business.

A business with good solvency has a high probability of remaining in operation for the foreseeable future.

4 0
3 years ago
If you were to apply for an administrative personnel position, what might you explain about yourself so that you sound qualified
gtnhenbr [62]
I am good at filing and organizing paper
5 0
3 years ago
The business owner used $25000 from their personal savings account to but common stock in their company. what would be the journ
irina1246 [14]

The accounting entry is to Credit Cash for 25000 and Debit Common Stock for 25,000

<h3 /><h3>What is journal entry?</h3>

Journal entry shows how a business financial transactions are being recorded.

Typically, when cash is withdrawn from a business or personal account, the accounting entry is to credit the cash account.

Hence, the accounting entry is to Credit Cash for 25,000 and Debit Common Stock for 25.000.

Learn more about journal entry here : brainly.com/question/14279491

#SPJ1

7 0
2 years ago
Tim Urban, owner/manager of Urban's Motor Court in Key West, is considering outsourcing the daily room cleanup for his motel to
nlexa [21]

Answer:

Based on the given information related to costs for each of the options, the crossover point for Tim = <u>6,000</u> room nights (round your response to the nearest whole number). If the number of room nights is less than the crossover point, then <u>OUTSOURCING (Duffy's Maid Service)</u> is the best option available to Tim. Based on the given room nights that Tim expects to rent (18, 250), the best option is to keep doing the service <u>INSOURCING (doing it himself)</u>.

Explanation:

Currently, before outsourcing, Tim's total cost = $228,125 + $61,000 = $289,125. On average, he spends $15.84247 per room.

The Duffy's Maid Service offer would represent a total cost of $337,625 + $25,000 = $362,625 for the same occupation level.

the crossover point for Tim:

12.5x + 61,000 = 18.5x + 25,000

36,000 = 6x

x = 6,000 room nights

(6,000 x 12.50) + 61,000 = (6,000 x 18.50) + 25,000 = $136,000

7 0
4 years ago
On December 30, 2005, Bart, Inc. purchased a machine from Fell Corp. in exchange for a non-interest bearing note requiring eight
Darya [45]

Answer: c. $94,240

Explanation:

On December 31, 2005, one payment has already been made which would mean that only 7 payments are left. As the first of these remaining 7 will be paid the year after, this is an ordinary annuity.

Note payable value = Present value of seven $20,000 payments

= 20,000 * Present value of ordinary annuity of 1 at 11% for 7 years.

= 20,000 * 4.712

= $94,240

5 0
3 years ago
Other questions:
  • Radwyn Horticulture Is fixed overhead expenses last month came to $7,699.45. It is known that one salesperson sold 191 saplings,
    14·1 answer
  • Carlin Company, which uses net present value to analyze investments, requires a 10% minimum rate of return. A staff assistant re
    6·1 answer
  • Molly liquidates her catering business. She is left with $20,000 after selling all the assets and settling the liabilities. In t
    6·1 answer
  • Holloway Company earned $18,000 of service revenue on account during 2018. The company collected $14,000 cash from accounts rece
    9·1 answer
  • ​The statement of position which permits entrances to the work site to be clearly marked for the exclusive use of either a prima
    8·1 answer
  • Trell Corporation transferred $50,000 of accounts receivable to a local bank. The transfer was made without recourse. The local
    13·1 answer
  • Shelly is undergoing the six-step process for establishing prices for a newly launched product. She has just finished assessing
    7·1 answer
  • What is the discounted price for a piece of software that has a list price of $49.99 if we are discounting it by 20%? (Required)
    9·1 answer
  • As a stipulation of a specific act, lenders must offer reasons when rejecting loan applications and must respond to all applicat
    10·1 answer
  • Why is it that buying or selling financial securities in an efficient market is a zero npv investment?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!