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Scorpion4ik [409]
3 years ago
11

Larry is declared mentally incompetent. Beth, Larry’s friend, insists that Larry transfer her considerable assets to Beth "for s

afekeeping." If Larry makes this "gift," a court might conclude that it is not effective on the ground that there was no:__________
Business
1 answer:
DaniilM [7]3 years ago
3 0

Answer:

Donative intent.

Explanation:

Donative intent refers to the conscious desire to make a gift. This is different from giving something for nothing by mistake or under pressure.

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Wayne Company's beginning and ending inventories for the month of June were as follows:
ipn [44]

Answer:

d. $487,750

Explanation:

Cost of goods manufactured

<em>Consider only the manufacturing costs</em>

Cost of goods manufactured = $145,000 +  $200,000 +  $ 170,000 + ($5.75 x  25,000) - $171,000

                                                =  $487,750

Note : Only overheads applied $143,750 ($5.75 x  25,000) are added to cost of goods manufactured instead of actual overheads.

Conclusion

the amount of cost of goods manufactured is  $487,750

5 0
3 years ago
The process of conducting business on an international scale is a part of _____. globalization Communism mercantilism Socialism
Vlad [161]

The answer is globalization.  This is when you are now bringing your economy from domestic to international level where you are now engaging in business transactions with other countries overseas. There will be many hurdles but these are necessary when competing in the global market.

7 0
3 years ago
Read 2 more answers
. Based on the following data, Accounts payable…………………………………………………..... $62,000 Accounts receivable…………………………………………………. 100,000
Temka [501]

Answer:  $428,000

Explanation:

Given that,

Accounts payable = $62,000

Accounts receivable = 100,000

Cash = 30,000

Inventory = 138,000

Land = 160,000

Common Stock = 200,000

Revenue = 80,000

Dividends = 56,000

Expenses = 40,000

Total assets = Accounts receivable + Cash + Inventory + Land

                     = 100,000 + 30,000 +  138,000 + 160,000

                     = $428,000

3 0
3 years ago
In preparing the April bank reconciliation for Oscar Company, it was discovered that on April 10 a check was written to pay deli
aev [14]

Explanation:

The correction of error is shown below:-

Expense of decrease delivery and cash by $9.

Therefore, to correct this error, which affect the cash is undercharged and delivery expenses to be overcharged. So, the company will decrease the delivery expenses and increase cash by $9, it came by deducting the 45 from $54 and recorded amount is 54.

8 0
4 years ago
Glenda runs a flower delivery service with six people. Quite recently, the business has started suffering and there has been an
ankoles [38]
B. Employees can brainstorm to find causes and possible solutions
7 0
2 years ago
Read 2 more answers
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