If he chose to, Rich can enforce the contract against Adrienne's estate. This is because, sickness or death of a promisor is not an avenue or excuse for non-performance in contracts such as this, which can easily be delegated to another person for performance.
Answer and Explanation:
The Journal entry is shown below:-
March 20
Accumulated depreciation - Delivery Truck Dr, $1,890
To Cash $1,890
(Being the replacement of transmission and capitalizing the transmission cost is recorded)
June 11
Delivery Truck Dr, $1,350
To Cash $1,350
(Being the installation of hydraulic lift and capitalization of installation expenses is recorded)
November 30
Repairs and Maintenance Expense Dr, $55
To Cash $55
(Being the payment for changing the oil and air filter is recorded)
Answer:
$700,000
Explanation:
The computation of the total raw materials used is shown below:
= Beginning raw material inventory + purchase of raw material - ending raw material inventory
= $250,000 + $750,000 - $300,000
= $700,000
We simply added the purchase and deduct the ending inventory to the beginning inventory so that the raw material used could come
Answer:
The correct answer is letter "C": propitious niche.
Explanation:
Companies develop strategies to set the steps necessary to accomplish an objective. One of those steps involves finding the firm's propitious niche which is no more than its target market. It determines what the company should do based on the best competitive advantage the firm will have in that market that will differentiate the company from competitors and will help the firm to establish in the market.
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$300,000 / 30% = 1,000,000 - 300,000 = $700,000 </span>
