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lana66690 [7]
3 years ago
14

A supplier has contracted to deliver Halloween costumes to a party supply store by October 15th. However, due to a natural disas

ter near the overseas plant where the costumes are produced, the supplier received the costumes late and could not deliver them until October 20th. The retailer was very concerned about the delay since the costumes will not be sold if they arrive too late and decided to use another supplier who could fill the order by October 18th. Based on the information provided, determine who violated the contract and explain your answer.
Business
1 answer:
PSYCHO15rus [73]3 years ago
4 0
I would say the retailer violated the contract because natural disasters you can't control in any way. There is nothing you can do to stop it if it happens. The reason I would say that the retailer is at fault is because they made a conscious decision to change up companies. 
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6 0
2 years ago
Which of the following is not considered a legitimate expense of a partnership? a Interest paid to partners based on the amount
never [62]

Answer:

a Interest paid to partners based on the amount of invested capital.

Explanation:

A partnership is formed between two parties that agree to go into a venture for mutual gain. The parties share ownership of the business entity and as such are entitled to profit from their equity holdings.

Interest paid based on invested capital is considered a distribution of profit by the business and not an expense. This is similar to sharing profit to shareholders in a company.

Legitimate expenses include: cost of sales, staff cost, administrative costs, advertising costs, and professional expenses like hiring an accountant.

8 0
3 years ago
Ken makes a monthly income of $3000 after taxes. Every month, he spends 40% of his income on clothing. How much money does Ken s
In-s [12.5K]
Take 40 over a 100 as a fraction and 3000 over 1 as a fraction and multiply them. 3000 multiply by 40 is =120000 and divide that by 100 would be 1200

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7 0
3 years ago
Seven months ago, you purchased 140 shares of Mitchum Trading for $50.07 per share. The stock pays a quarterly dividend of $.17
sesenic [268]

Answer:

The answer is $47.6

Explanation:

Solution

Given that

You bought = 140 shares of  Mitchum Trading for $50.07  per share

The quarterly dividend = $.17

The current price = $51.03

So we find the total dividend income you received which is computed below:

The total dividend received = (0.17 * 2) * 140

=(0.34) * 140

= $47.6

Therefore the total dividend of income that you received is $47.6

4 0
2 years ago
1) When there is uncertainty in the marketplace, what happens to yield spreads and why?2) Why do venture capital companies often
Yuki888 [10]

Answer and Explanation:

1. When there is high uncertainty in the market, there will be high yield spreads. This is because the higher the risk the higher the profit or compensation for risk

2.preferred stock positions pay more consistent dividends that common stock positions and also pay higher than bonds.

3.Accelerated depreciation is depreciation method in accounting that deducts higher depreciation expenses in the early life of an asset therefore leaving the company to pay less taxes on these assets and more cash flow. Increased cash flow consequently encourages and leads to more investment

5 0
3 years ago
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