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
nignag [31]
3 years ago
10

Delta Construction Corporation, a general contractor, hires Eagle Electrical Company, a subcontractor, to wire a new office buil

ding. As the work progresses, Delta pays Eagle some of the price, but after completing most of the job, Eagle is owed more than $50,000. Eagle stops work to insist on being paid. Delta hires Fine Wiring, Inc., to finish the job. Eagle files a suit against Delta. Eagle's suspension of work is most likely
Business
1 answer:
nignag [31]3 years ago
3 0

Answer: excused by Delta's failure to pay.

Explanation:

Delta Construction Corporation hires Eagle Electrical Company, as a subcontractor, to wire its new office building. After the completion of the work, Eagles is owed more than $50000.

Eagle's suspension of work is most likely due to the excuse by Delta's failure to pay. Delta has a right to pay up the money owed to Eagle. Lack of payment can lead to court cases.

You might be interested in
Scholastic Tours is trying to decide which one of two tours it will introduce. The costs and revenues associated with each alter
OLga [1]

Answer:

$4,000

Explanation:

Scholastic's                         Eastern Tour                 Western Tour

Projected revenue                $17,000                         $19,000

Variable costs                       ($3,000)                         ($7,000)

Fixed costs                            ($3,000)                         ($3,000)    

Profit                                       $11,000                           $9,000

The incremental costs of the Western Tour is:

incremental costs = costs associated to western tour - costs associated to the alternative eastern tour = ($7,000 + $3,000) - ($3,000 + $3,000) = $10,000 - $6,000 = $4,000

Incremental costs are the costs that a company incurs in by taking a particular action or making a particular decision, always compared to not taking that particular action or making that decision.

3 0
4 years ago
When one group controls an industry or market by being the only provider, this is called _____.
e-lub [12.9K]
When one group controls an industry or market by being the only provider, this is called MONOPOLY.

Mono - Greek monos means one or single
Poly - Greek polein means to sell.

Monopoly is a market where only one sells a certain good or service. In this type of market there is no competition thus the monopolist is not driven to improve his commodity because consumers have no other choice but to buy his product.
6 0
3 years ago
The following information pertains to Carla Vista Company.
Setler [38]

Answer:

Bank account reconciliation:

Bank account balance $7,738

+ Deposits in transit $3,110

<u>- Outstanding checks $696          </u>

Reconciled bank account $10,152

Cash account reconciliation:

Cash account balance $7,774

+ Note (or account) collected $2,426

<u>- Bank fees $48                             </u>

Reconciled cash account $10,152

Adjusting journal entries:

July 31, 202x, bank fees expense

Dr Bank fees expense 48

    Cr Cash 48

July 31, 202x, bank fees expense

Dr Cash 2,426

    Cr Notes (or accounts) receivable 2,426

3 0
3 years ago
Bay Manufacturing Co. purchased a 3-month U.S. Treasury bill. In preparing Bay's statement of cash flows, this purchase would:A.
Lesechka [4]

Answer:

A. have no effect.

Explanation:

The US Treasury Bill was purchased at short-term

So it would not affect the company's cash balance.

The rule for short-term invstment is to have litle risk

and a mature of less than 90 days

the US TB fullfil both, it has no risk and matures within 90 days It is considered a cash equivalent.

7 0
3 years ago
In​ 1982-84 dollars, the real average hourly wage rate in 2005 was ​$8.18 and in 2006 ​, it was ​$8.24 . In 2005 ​, the CPI was
Alona [7]

Answer:

the nominal wage rate in 2005 and in 2006 is 15.98 and 16.61 respectively

Explanation:

The computation of the nominal wage rate in 2005 and in 2006 is shown below:

For the year 2005

= $8.18 × $195.3 ÷ 100

= 15.98

And, for the year 2006

= $8.24 × 201.60 ÷ 100

= 16.61

In this way it should be calculated

hence, the nominal wage rate in 2005 and in 2006 is 15.98 and 16.61 respectively

7 0
3 years ago
Other questions:
  • Julie is a sales associate for ABC Realty. She sold a house that was listed in the MLS from XYZ REALTORS®. The list price was $3
    10·1 answer
  • The actual monthly payment for a 36 month loan is _______________.
    5·2 answers
  • Which account option offers a higher rate of return in exchange for deposits that are larger than normal?
    7·1 answer
  • Why do you think economists can be certain that every
    12·1 answer
  • Marko Shioda, master scheduler at Randall Manufacturing Company, prepared the following MPS for one of the firm's major end prod
    10·1 answer
  • On-Time Delivery Company acquired an adjacent lot to construct a new warehouse, paying $27,000 and giving a short-term note for
    6·1 answer
  • Which statement is true of an e-marketplace?
    7·1 answer
  • One student made the incomplete diagram shown below to represent the relationship between magma, igneous rocks, and metamorphic
    14·2 answers
  • Which task would most lIkely be completed by a fraud examiner?
    5·2 answers
  • You will imagine a newly established SERVICE COMPANY as of Jan 01, 2015. You will start and finish the Accounting Cycle accordin
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!