Answer:
The answer is: Both parties could win, depending if there were other conditions established for the auction.
Explanation:
Usually when an auction is carried out there are conditions established beforehand by the auctioneer that must be fulfilled in order for the sale to be completed.
In this case, since we don´t know what other conditions the town of Sanford included in the auction, if any other condition at all, we can´t conclude which party could win the lawsuit. For instance if a reserve was required but Arthur and Arlene didn´t do the reserve deposit, then they will obviously lose. The same happens with other established conditions like a minimum price set, etc. But if no other condition established, then Arthur and Arlene could win.
Answer:
$32,000
Explanation:
Calculation for the balance of Maxwell's Capital account
Using this formula
Assets =Liabilities-Owner's Equity
Where,
Liabilities =$84,000
Owner's Equity=$52,000
Let plug in the formula
Assets =$32,000
Therefore the balance of Maxwell's Capital account will be $32,000
Answer:
I could display the qualities of a visionary leader by offering a coherent vision for the future, and a good economic plan.
Explanation:
A visionary leader in such a dire situation would first of all show a guide to the people, would tell them that there is hope, and would explain to them why such hope still exists.
Such leader would also lay out an economic plan that can resolve, at least, some of the economic issues of the country, because it is true that no plan is perfect, and no government policy solves all problems by itself.
Answer:
The correct answer is D.
Explanation:
Giving the following information:
Sales:
January=$220,000
February= $260,000
It is expected that 75% of its sales will be collected in cash during the month of sale, and the remaining 25% will be collected in the month following the sale.
<u>Cash collection:</u>
From January= 220,000*0.25= 55,000
From February= 260,000*0.75= 195,000
Total cash collection= $250,000
