1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
allsm [11]
3 years ago
13

Donald buys a subscription to a national magazine that gives him two years for the price of one year. After the two years expire

, Donald continues to receive the magazine for six more months, although he has not subscribed again. The magazine then sends Donald a bill for the magazines he received after the expiration of his subscription. Donald:__________.a. owes nothing.b. can be fined for failing to return the magazines.c. owes half of the bill.d. owes the full amount.
Business
1 answer:
joja [24]3 years ago
7 0

Answer: A (Owes nothing)

Explanation:

Donald subscribed to a magazine that gave him two years for a year. Even though after the subscription expired the second year, he was still given the magazine for six months despite the fact that he didn't subscribe, Donald does not owe the national magazine company.

It was not his fault that he was sent magazines after his subscription expired and hence is not liable to pay any amount to the company. It's their loss and mistake and he should not be held responsible for their mistake.

You might be interested in
Finding operating and free cash flows Consider the following balance sheets and selected data from the income statement of Keith
Reil [10]

Answer:

a. NOPAT = EBIT * (1-t)

NOPAT = $2,700 * (1-0.40)

NOPAT = $1,620

b. OCF = NOPAT + Depreciation

OCF = $1,620 + $1,600

OCF = $3,220

c. FCF = Net fixed asset investment - Net current asset investment

FCF = $3,320 - $1,400 -  $1,400

FCF = $420

Note:

Net fixed asset investment = Change in net fixed assets + depreciation

= ($14,800- $ 15,000) + $1,600

= $1,400

Net current asset investment = Change in current assets - Change in accounts payable and accurals

= ($8,200 - $6,800) - {($1,600 + $200) - ($1,500 - $300)}

= $1,400

d. FCF is meaningful as it shows that OCF is able to cover Operating expenses as well as Investment in Fixed and Current Assets

4 0
3 years ago
With practical illustrations, discuss how managers can leverage on organizational behaviour components to maximize business succ
krok68 [10]

Explanation:

In an organization, human capital is grouped into different teams and units in order to assist in achieving organizational goals and objectives. The study of organizational behavior will assist in understanding how people of different profiles and personalities will behave according to their functions and groupings.

In a practical illustration, <u>managers can analyze the organizational structure</u> to align their decisions and increase their control. In organizations with a decentralized structure, managers can set up decision-making units to evaluate new ideas and innovative concepts.

<u>Organizational policies</u> and procedures must also be developed comprehensively, and firstly complied with by the company's leadership, so that each employee feels ethically protected and has as an example how to act and work in that organization.

It is also necessary to have a<u> well-established communication system</u>, so that there is no noise and so that the information is shared in an ideal way.

Finally, <u>integrating ethical work with technologies</u> that make work easier and faster are some techniques that can help managers to maximize business success.

8 0
3 years ago
g sold their home (sales price $960,000; cost $260,000). All closing costs were paid by the buyer. Mitch and Michelle owned and
Llana [10]

Answer:

$700,000

Explanation:

Data provided in the question

Sales price of the home = $960,000

Cost price of the home = $260,000

Based on the above information,

The computation of the amount of gain included in gross income is shown below:

= Selling price of the home - cost price of the home

= $960,000 - $260,000

= $700,000

Hence, the amount of gain i.e $700,000 is included in the gross income

5 0
4 years ago
Penn Company uses a periodic inventory system. At the end of the annual accounting period, December 31 of the current year, the
PSYCHO15rus [73]

Answer:

Total unit sold = Opening balance + Purhase in march + Purchase in August - Closing balance

Total unit sold = 2000 + 5000 +3000 - 4000

Total unit sold = 6000 units

1. FIFO method:

So total cost of goods sold is (2000*$5) + (4000*$6)= $34,000

Ending inventory value is (1000*$6) + (3000*$8) = $30,000

2. LIFO method:

So total value of goods sold is (3000*$8) + (3000*$6) = $42,000

Ending inventory value is (2000*6) + (2000*$5) = $22,000

3. Average cost of inventory:

Opening inventory (2000* $5) + Purchase on Mar.21 (5000*$6) + Purchase on August 1 (3000*$8) = $64,000

Total units = 2000 + 5000 + 3000

Total units = 10,000

Average cost is $64,000/10,000 (units) = $6.40 per unit

So, Cost of goods sold is 6000*$6.40 = $38,400

Ending Inventory value is 4000*$6.40 = $25,600

8 0
3 years ago
Can you explain how I can get the surplus?
notsponge [240]

Answer:

The answer is "6".

Explanation:

Using formula:

\text{Producer surplus= Actual Price- Minimum Acceptable Price}\\\\

                          =13-7\\\\=6

8 0
3 years ago
Other questions:
  • If your medical supplies are $5,000 and you had 3900 patient visits during the year, what is your variable cost per patient visi
    6·1 answer
  • What is data processing cycle<br>what is data processing cyclr​
    15·1 answer
  • If a general partnership fails, who is responsible for the debts? (1 point)
    7·1 answer
  • A couple saves $500.00 per month (end of the month) for 40.00 years. They can earn a 6.00% annual interest with monthly compound
    11·1 answer
  • Will FCC charge you if you are 18 but not older than 18 and you report them because the agent from sprint has told to but your i
    5·1 answer
  • The Pita Pit borrowed $100,000 on November 1, 2021, and signed a six-month note bearing interest at 12%. Principal and interest
    11·1 answer
  • Gibson Pharmaceuticals manufactures an over-the-counter allergy medications called Breathe. Gibson is trying to win market share
    10·1 answer
  • Compute the takt time for a system where the total time per shift is 370 minutes, there is one shift, and workers are given 3 11
    15·1 answer
  • The average national utility price is $270. 48. Over a 6-month period, what is the average utility price in Dallas? How does thi
    9·1 answer
  • Financial incentives paid to health care organizations to encourage focus on models of care that increase quality at a reasonabl
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!