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3 years ago

The offeror may _____ the offer at any time prior to acceptance.

Business

1 answer:

ivanzaharov [21]3 years ago

8 0

Answer:

The offeror may retract the offer at any time prior to acceptance.

Most likely the offeror was able to get a better deal somewhere else, which allows the offeror to retract the offer. However, if they had already made a deal, the offeror would have broken the deal, which may result in action.

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A(n) _____ typically addresses contributions to government officials and political parties, customer and supplier relations, con

tekilochka [14]

Answer: Code of ethics

Explanation:

The code of ethics is one of the principle in an organization that helps in guiding the various types of core values and the standards of the firm for making the various types of decisions.

The main purpose of the code of ethics is that it helps in providing the various types of ethical guideline to the members of a organization for providing the various types of core values. It is one of the type of document that helps in outline the main mission and also the core values of an organization.

According to the given question, the code of ethics is typically addressing the contribution to the various types of government officials, record the customers and the supplier relations accurately.

Therefore, Code of ethics is the correct answer.

3 0

3 years ago

Ruth Company produces 1,000 units of a necessary component with the following costs: Direct Materials $34,000 Direct Labor 15,00

Snowcat [4.5K]

Answer:

Option B is correct

The maximum price to be paid is = $64000

Explanation:

To determine the the maximum price we would compute using the relevant costs of internal production.

<em>The maximum price to be paid to external supplier should be the total relevant costs associated with internal production.</em>

Total relevant cost of internal production = 34,000 + 15,000 +9000 + 6000

The maximum price to be paid is = $64000

Note that the fixed overhead of $6000 is associated with the internal production the balance of 4,000 is irrelevant and would be incurred either way.

4 0

3 years ago

The year-end adjusted trial balance of Hilltoppers Corporation included the following account balances: Cash, $3,600; Equipment,

Galina-37 [17]

Answer:

Explanation:

The preparation of the post-closing trial balance is presented below:

Hilltoppers Corporation

Post-closing trial balance

Particulars Debit Credit

Service revenue $14,600

Cash $3,600

Accounts Payable $1,600

Utilities expense $2,600

Salaries expense $9,600

Equipment $15,600

Common stock $12,000

Retained earnings $4,400

Dividend $1,200

Total $32,600 $32,600

4 0

3 years ago

Suppose winston's annual salary as an accountant is $60,000, and his financial assets generate $4,000 per year in interest. one

DedPeter [7]

Economic profit is calculated as:

Economic profit = Total Revenues – Total Cost

Total cost both includes explicit and implicit cost. In this case, the explicit cost is $8,000 while the implicit cost is $64,000. Explicit cost is a direct payment made to run the business while implicit cost is the opportunity as accountant that is lost. Therefore,

Economic profit = $150,000 – ($8,000 + $64,000)

<span>Economic profit = $78,000</span>

6 0

4 years ago

Rust Pipe Co. was established in 1994. Four years later the company went public. At that time, Robert Rust, the original owner,

irina1246 [14]

Answer:

Rust Pipe Co.

The Percentage of the Founder's Family Votes to Class B Votes:

= Founder's Family Votes / Class B Votes x 100 = 577,775/1,747,475 x 100 = 33.-6%

Explanation:

Total votes for the Founder's Family = 52,525 x 11 = 577,775

Class B votes = 1,747,475 (1,800,000 - 52,525) x 1 vote = 1,747,475

Founders of companies who want to go public but still retain control of the entity may decide to issue two or more classes of shares in order to allocate more voting rights to some classes than the others.

In this case, while the founder's family currently held 52,525 shares representing 29.2% of the total outstanding shares, in voting rights, the founder's family has 33.6% control.

4 0

3 years ago