Answer: Option A
Explanation: Consignment refers to a business arrangement under which an an individual or an entity sends its goods to some other entity ,acting as an agent, to sell their goods. The sender is called the consignor and that agent acting on behalf is the consignee.
The profit from the sale goes to the consignor while the consignee gets other benefits like commission.
Thus, the goods actually belongs to the consignor therefore the inventory of those goods will be shown in the consignors balance sheet.
B). <span> the source and direction of energy expression for a person
I think that is the answer. Not 100% sure though</span>
Answer:
$300,000
Explanation:
A contract is formed between different parties when there is an offer and acceptance of terms in performance of a job.
In construction contracts where a construction company enters a contract to build a warehouse for Vincent Corporation. The amount they will lost profits depends on which party is breaching the contract and at which project stage it happens.
In this case the contract was breached by the owner before project began. Damages/lost profits are project price less project cost.
Lost profit= 700,000 - 400,000= $300,000
Answer:
Both statements I and III are correct.
Explanation:
<u>1.Construct a zero investment portfolio that will yield a sure profit
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<u>3.Make simultaneous trades in two markets without any net investments</u>
Answer:
Option C Incorrect; adjusting for price changes, his salary is less than his dad's salary
Explanation:
Adjustment to price changes = (Amount received n years ago divided by Price Index n years ago) * Price Index today
Adjustment To price changes = ($28,000 / 110.8) * 180.5 = $45613.7
The amount $28,000 is worth $45,613.7 in todays value which means that if we adjust for price changes, Dave is incorrect because his salary is worth less by an amount $613.7 from his father's salary.