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enot [183]
3 years ago
9

Pipes & Culverts Company orders six irrigation pumps from Quality Plumbing, Inc. The pumps are stored in Restorers Warehouse

. Under the terms of the order, Quality must give Pipes a warehouse receipt for the goods, which Pipes will then pick up. Title to the goods passes to Pipes when ___
(A) Quality stores the drives.
(B) Pipes & Culverts orders the drives.
(C) Pipes & Culverts picks up the drives.
(D) Quality gives Pipes & Culverts a warehouse receipt for the drives.
Business
1 answer:
padilas [110]3 years ago
7 0

Answer: Title to the goods passes to Pipes when <em><u>Quality gives Pipes & Culverts a warehouse receipt for the drives.</u></em>

Here, in this case the condition states that Quality must give Pipes a warehouse receipt for the goods

<u><em>Therefore, the correct option to this question is (d)</em></u>

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In a private company’s accounting system, inputs are _______________ and outputs are _________.
kirill [66]
The choices can be found elsewhere and as follows:

A. marketing strategy-type information;sales data

B. results of surveys on consumer satisfaction; accounts payables

C. transactions such as sales, payroll, and other expenses; financial statements

D.transactions such as the cash flow statement; payroll taxes


I think the correct answer is option D. In a private company’s accounting system, inputs are transactions such as the cash flow statement and outputs are payroll taxes. Hope this answers the question.

6 0
3 years ago
Brief Exercise 24-2 Hsung Company accumulates the following data concerning a proposed capital investment: cash cost $216,758, n
Tanzania [10]

Answer:

Net Present Value = $12,400

Since net present value is positive, the investment shall be made.

Explanation:

Capital outlay = $216,758

Cash inflow every year = $43,900

Period = 10 Years

Net Present Value = Present value of cash inflow - Present value of cash outflow

Present Value of Cash Inflow = Cash inflow each year X Present value factor of cash inflows for years

= $43,900 X 5.22

= $229,158

Present value of cash outflow = $216,758

Net Present Value = $229,158 - $216,758 = $12,400

Since net present value is positive, the investment shall be made.

Net Present Value measures the net effect of an investment discounted at current rate of interest, i.e. cost of capital.

Final Answer

Net Present Value = $12,400

Since net present value is positive, the investment shall be made.

3 0
3 years ago
Big Sky Sports sells hunting and fishing equipment and provides guided hunting and fishing trips. Big Sky Sports is owned and op
stiv31 [10]

Answer:

(a)

1. Kalispell State Bank

2. Glacier Boutique

3. Big Sky Sports

4. Kalispell State Bank

5. Big Sky Sports

6. Big Sky Sports

7. None of the above

8. Glacier Boutique

9. None of the above

10. Big Sky Sports

(b) Business transactions refers to the transactions that are related to only business, such as purchase of land, machinery, goods for business purposes. Any type of personal transaction is not included in business transaction.

6 0
3 years ago
Which words means finds its food; a consumer.?
notsponge [240]

Answer:

The word that means finding its food is hunting

6 0
2 years ago
In 2016, teller company sold 3,000 units at $600 each. variable expenses were $420 per unit, and fixed expenses were $270,000. t
Anit [1.1K]
Assuming that you have the values for the year 2017, the break-even point would be 1500 units for the year 2017. To calculate this, we use the idea that at the breaking point, total sales is equal to the total cost or expenses made. Which would be:

selling (x) = fixed + variable (x)

x = fixed / (selling - variable)
x = 270000 / (600-420)
x = 1500 units
6 0
3 years ago
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