The most likely result if Fred sues Harry for the $12,000 payment is D. Fred will win because the right to receive payment could be validly assigned.
It should be noted that every contract creates its own rights and duties. Based on the information given, the obligee is Belinda.
The obligee in this case transfers the right to receive payments to a third-party who is Fred. Also, from the information, Belinda gave Fred the right to receive the payment from Harry.
Therefore, based on the above information, Fred has the right to receive payment. Therefore, if Fred sues Harry for the $12,000<em> payment</em>, he'll win.
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$26880 , A condominium is a type of ownership arrangement in which a single building is divided into a number of different units, each of which is separately owned, and which are surrounded by jointly held common areas.
<h3>What is condominiums?</h3>
A condominium is a type of ownership arrangement in which a single building is divided into a number of different units, each of which is separately owned, and which are surrounded by jointly held common areas. The phrase can be used to describe both the entire structure or complex and each individual unit therein.
320*12=3840
3840*7=$26880
A condo, often known as a condominium, is a type of housing or residential complex that consists of distinct units, each of which is owned by a different person. A condo is rented directly from the condominium owner when it is rented.
Ownership is the main distinction between a condo and an apartment. Apartments are characterized as rented homes, frequently found in larger residential buildings. Condos are similar to apartments in structure and are typically apartments within larger residential buildings, but condos are owned rather than rented.
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Answer:
(a) $2,040
(b) $1,020
Explanation:
(a) Under the accrual method of accounting revenue is recognized in the month when product is delivered,
Revenue is recognized on the March income statement from this order:
= Units Delivers × Unit price
= 136 × $15
= $2,040
(b) Revenue is recognized on the April income statement from this order:
= Units Delivers × Unit price
= 68 × $15
= $1,020
Answer:
A. upper-echelons theory
Explanation:
Upper echelons theory postulates that too executives of a company view situations in a highly personalised way that is as a result of their experiences, values, and personalities.
The CEO of Mabel emphasized making affordable, low-maintenance vehicles that could be bought by low-income households.
This decision was as a result of his childhood experience where his parents had difficulty providing money to support the family.
He empathized with low income households, and wanted to provide goods that will help them
Answer:
a.$218
Explanation:
Net cash used for investing activities can be calculated by taking the sum of cash inflows and outflows. As Lucido company sold the asset for $200 that will be an inflow for the company and as the machine value at the end of 2026 is $540 that means the company has purchased new machinery after selling the old one.
Cash flow from investing activities
Sale of machine $122
Purchase of machine ($540 -$200) -$340
Net cash used for investing activities -$218
