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
Flura [38]
3 years ago
10

Mark, a newspaper editor, walks into the newsroom and announces to a group of five reporters: "I'll pay a $2,000 bonus to the fi

rst reporter who finds definitive evidence that Senator Blue smoked marijuana at the celebrity party last Friday." Anna, the first reporter to produce the evidence, claims her bonus based on:
(a) Unilateral contract
(b) Promissory estoppel
(c) Quasi-contract
(d) Implied contract
(e) Express contract
Business
1 answer:
lions [1.4K]3 years ago
3 0

Answer: Unilateral contract

Explanation: A Unilateral contract is a form of contract where a promise is made by one party to another, this contract is normally on a condition that the receiver of the promise in the contract would complete some task(s), in order to receive the promise.

Mark made a promise to his staffs in the newspaper newsroom to be fulfilled, if the task was accomplished by anyone. Of which Anna completed the task and claimed the promise by the editor.

You might be interested in
Exchanged all of the securities for shares of preferred stock, which were not mandatorily redeemable. Market values at the date
ValentinkaMS [17]

Answer:

The full question is as follows <em>"The following accounts were among those reported on Good Corp.'s balance sheet at December 31, year 1: Available-for-sale securities (market value $140,000) $80,000 Preferred stock, $20 par value, 20,000 shares issued and outstanding 400,000 Additional paid-in capital on preferred stock 30,000 Retained earnings 900,000 On January 20, year 2, Good exchanged all of the available-for-sale securities for 5,000 shares of Good's preferred stock. Market values at the date of the exchange were $150,000 for the available-for-sale securities and $30 per share for the preferred stock. The 5,000 shares of preferred stock were retired immediately after the exchange. Prepare the general journal entry, without explanation, to record this event."</em>

Date    General Journal Entry                                  Debit             Credit

            Preferred stock A/c                                   $100,000

             (5000*$20)          

            Add. paid-in capital on preferred stock   $7,500

             (30000 * 1/ 4)          

            Retained earnings                                     $42,500

                  Trading securities A/c                                               $140,000

                  Gain on exchange of securities                                $10,000

8 0
2 years ago
Kokomochi is considering the launch of an advertising campaign for its latest dessert product, the Mini Mochi Munch. Kokomochi p
alexgriva [62]

Answer:

Kokomochi

The incremental earnings associated with the advertising campaign in its first year is:

= $0.3 million.

Explanation:

a) Data and Calculations:

Advertising campaign cost = $5.5 million

                                                  Mini Mochi     Other Products   Total

                                                      Much

Incremental sales revenue        $8.2 million      1.8 million        $10 million

Incremental cost of goods sold   5.2 million      1.4 million           6.6 million

Incremental gross profit            $3.0 million      0.4 million          3.4 million

Advertising cost                                                                              3.1 million

Incremental earnings associated with the advertising campaign = $0.3 million

Advertising cost apportioned to:

This year = $8.2/$14.4 * $5.5 million = $3.1 million

Next year = $6.2/$14.4 * $5.5 million = $2.4 million

6 0
3 years ago
Over the past year you earned a nominal rate of interest of 10% on your money. The inflation rate was 5% over the same period. T
Veronika [31]

Answer:

5%

Explanation:

Purchasing power refers to the amount of goods and services a unit of currency can buy.

Purchasing power can be determined by finding the real interest rate.

Real interest rate = Nominal interest rate - inflation rate

10% - 5% = 5%

I hope my answer helps you

5 0
3 years ago
A firm has current liabilities of $500, a current ratio of 1.5, and a quick ratio of 1.1. calculate the level of inventory for t
SCORPION-xisa [38]

The inventory level will be used by an inventory manager to regulate the optimal time for manufacturing, if they are handling a manufacturer's warehouse, or to demand more if the product is being stored as stock at a store.


To solve this:

Get first the Current Assets this solved by multiplying the current liabilities to the current ratio.

CA = $500 (1.5) = $750


Then get the inventory level by multiplying the current asset to the product of the current liabilities and quick ratio.

Inventory level = $750 (500 x 1.1) = $412,500

4 0
3 years ago
Who can answer this?
lesantik [10]

Answer:

I don't know the first one but will do the rest I know.

Explanation:

2. The digestive system is responsible for taking the whole foods and turning them into energy and nutrients to allow the body function, grow and repair it self.

3. the secretary system in humans consist mainly of the kidney and bladder. the kidney is involved.

4. dissection is the act of dismembering of the body of a deceased animal or plant to study it's anatomical structure. and it is important in science cause it allows student see, touch, and explore the various organs.

5. blood cell. their main job or major job is to carry oxygen from the lungs to the body tissues and carbon dioxide as a waste product. and they are important because they transport oxygen to the body's tissue on exchange for carbon dioxide.

I don't know the last one maybe someone else can answer.

7 0
3 years ago
Read 2 more answers
Other questions:
  • Annie, a marketing manager, is worried her firm is doing a poor job of managing the movement of finished products to the final c
    7·1 answer
  • At December 31, the records of Nortech Corporation provided the following selected and incomplete data:Common stock (par $1; no
    12·1 answer
  • Slim made a single deposit of $5,000 in an account that pays 7.2% in 2015. What equal-sized annual withdrawals can Slim make fro
    11·1 answer
  • What is comsumption efficiecy?
    13·1 answer
  • Canglon, Inc., issues 10%, 5-year bonds with a face value of $150,000 when the effective rate is 12%. Interest is to be paid sem
    10·2 answers
  • Textra Plastics produces parts for a variety of small machine manufacturers. Most products go through two operations, molding an
    6·1 answer
  • Nicolette Garrison works part-time at an independent record store. Whenever her friend, Jacob Barker, comes into the store durin
    7·1 answer
  • In 1932, the U.S. government imposed a two-cent tax on checks written on deposits in bank accounts. This action would be expecte
    11·1 answer
  • At a recent staff meeting, the vice president of marketing appeared confused. The controller had assured him that the parent com
    8·1 answer
  • A(n)_____ is a structured review of specific quality management activities that help identify lessons learned that could improve
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!