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4 years ago

H cheng dishonored his note when presented for payment

1 answer:

4 0

The note may lack the essential requisites of being a negotiable instrument, that is why it is dishonored. And also if the consent of on of the parties is not clear or they have no meeting of minds when executing such promissory note then it can be dishonored because of its substantial insufficiency of the reason to give its consent.

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Match the examples with the types of goods. Please help!

navik [9.2K]

Answer:

Omar buys a snack pack of chips that he noticed while in line at the store - Convenience impulse good

Joaquin pays for renters' insurance so that he will get paid if his belongings are destroyed in accident or burglary - Unsought good

Jamie goes to the store to buy toothpaste - Convenience staple good

Wanda reads review of different video cameras to decide what brand she wants, and then chooses the store with the lowest price on that item - Shopping good

Adriana only buys doughnuts from her favorite local doughnut shop - Specialty good

Explanation:

I have been able to match the examples with the type of goods.

Unsought good is the good that the consumer has no knowledge of. Also, he wasn't thinking of buying such good. It is usually purchased out of fear.

Specialty good usually have specific characteristics and benefit. Therefore, the consumer has a reason for purchasing it.

Shopping good is one purchased after the consumer had compared prices, quality, etc in more than one store.

Convenience staple good is the good which is consumed regularly.

Convenience impulse good is one which entices the consumer and he makes purchase without researching or thinking.

6 0

3 years ago

Park Co. holds a 80% interest in San Marino Co. During 2019, San Marino sold inventory costing $1,155,000 to Park for $1,650,000

bija089 [108]

Answer:

Park Co and San Marino Co.

The noncontrolling interest in the 2020 income of the subsidiary is:

= $270,000.

Explanation:

a) Data and Calculation:

Interest in San Marino Co. = 80%

Cost of 2020 Inventory sold by San Marino to Park = $1,080,000

Sales value of the inventory = $1,800,000

Profit element = $720,000 ($1,800,000 - $1,080,000)

Sales value of unsold inventory = $750,000

Profit element in unsold inventory = $750,00/$1,800,000 * $720,000

= $300,000

Net income of San Marino for 2020 = $1,350,000

Less profit element in unsold inventory 300,000

Adjusted net income = $1,050,000

Non-controlling interest (20%) 210,000 (20% of $1,050,000)

Non-controlling interest (20%) in

unsold inventory = 60,000

Total net income attributable to

Non-controlling interest $270,000

(which is equal to 20% of the subsidiary's net income)

5 0

3 years ago

Discuss how classification systems have undergone several changes over a period of time.

sergiy2304 [10]

Classification systems have undergone several changes over a period of time to get proper categorization of the organism.

<h3>What is classification?</h3>

Classification can be told as the difference that can be between the plants and the animals which can be a based on various factors like the cell, discoveries, and the species.

Aristotle gave the first classification. He divided plants into three categories, RBC existence or disappearance was used to categorize animals. The recognized species cannot all be categorized using this technique.

Linnaeus created a two-kingdom categorization. Plant and Animalia are their constituent parts. But, there would have been numerous species that fell outside the realms.

Ernest Henkel divided on the basis of cells into a distinct dynasty, and so created a categorization of three kingdoms.

Copeland divided all prokaryotic creatures into a distinct kingdom called Monera, leading to the development of the Four-Kingdom.

R.H. Whittaker developed a five-kingdom method of categorization in 1969.

Learn more about classification systems, here:

brainly.com/question/1144530

#SPJ4

8 0

2 years ago

On April 1, Moloney Meat Distributors sold merchandise on account to Fronke’s Franks for $2,100 on Invoice 1001, terms 1/10, n/3

Angelina_Jolie [31]

Answer:

See explanation section.

Explanation:

Moloney Meat Distributors

Journal Entries

Particulars Debit($) Credit($)

April - 1 Accounts Receivable 2,100

Sales Revenue 2,100

(Assuming it is periodical, we need not show cost of goods sold journal. Since the payment is within the discount period, there will be a separate journal entry is needed. However, a compound journal entry can illustrate the answer.)

April - 10 Sales Discount 21

Accounts Receivables 21

(1/10, n/30 means the buyer will get a 1% discount, if he pays within 10 days, however, the buyer has to pay within 30 days.

As the payment is made within the discount period, the buyer receives the discount).

April - 10 Cash 2,079

Accounts Receivables 2,079

(as the buyer gets the rebate, he will pay (2100 - 21=2,079 during the date of payment).

6 0

3 years ago

Question 2 of 10

Step2247 [10]

Answer:

D. Ability to provide a healthy work environment

Explanation:

The most important skill needed by employers in any field is the ability to provide a healthy work environment. Irrespective of any expertise, a good and healthy work environment is needed for employees so that they can be productive. A healthy environment leads to reduce in injuries and illness thereby providing a stress free environment which in turn leads to an increased productivity.

8 0

4 years ago