Answer:
Budgeted cost of the goods will be $10100
So option (c) will be the correct answer
Explanation:
We have given purchased price of the goods = $9450
Inventory at the beginning of October, that is beginning inventory = $4050
And inventory at the ending of October, that is ending inventory = $3400
We have to find the budgeted cost for goods sold in October
Budgeted cost for goods is given by
Budgeted cost = beginning inventory + purchase - ending inventory = $4050+$9450-$3400 = $10100
So option (c) is the correct option
Answer:
The correct answer is option (A) $519,799.59.
Explanation:
According to the scenario, the given data are as follows:
Payment 1st year = $218,000
Payment 2nd year = $224,000
Payment 3rd year = $238,000
Rate of interest = 14.5%
So, We can calculate the amount Southern Tours willing to pay by using following formula:
We add the payment for 3 years by simple interest as:
= + +
= + +
= $519,799.59
Hence, the amount Southern Tours willing to pay is $519,799.59.
Answer:
The correct answer is True.
Explanation:
When an intoxicated person enters into a contract, the contract can either be enforceable, meaning held to the fullest extent of the law, or voidable by the intoxicated person. The court will look at two criteria that need to be present in order to make the contract voidable:
-
The intoxication was severe enough that the person entering into the contract was incapacitated.
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The other party was aware of the intoxication at the time.
A voidable contract, in this instance, is one in which the intoxicated party can end the agreement under certain terms. To expand on the criteria above, in order for the intoxicated person to void the contract, there needs to be adequate proof that one of the following occurred:
-
The intoxicated person consumed enough alcohol or drugs to cause impairment in thinking sufficient enough that he could not understand the legal ramifications of entering into the contract.
-
The other party to the contract knew of the intoxication.
Answer:
A.) growth
Explanation:
During the growth phase, the snowball effect occurs, and product sales grow as more customers become aware of its benefits. Promotions are not nearly as common during this stage, because the market generally is aware of the product, and momentum has begun to build