A motive is a reason for doing something, so A
Answer:
D. $952
Explanation:
The computation of the net income in the case when the LIFO is elected
Particulars AMount
Net sales $7,232 ($8,000 - $640 - $128)
less : cost of goods sold ($6,200 - $820) $5,380
Gross Profit $1,852
Less: Operating Expenses $900
Income before taxes $952
less: Income tax $0
Net income $952
Hence, the net income is $952
Answer:
Throwing away your trash, and not leaving it on the ground. You can pick it up and recycle it if you find any.
Explanation:
Answer:
a. Jarrod may no longer accept the offer because Patrick changed his position.
Explanation:
A contract is formed when there is an offer by the offerer and an acceptance by the recipient. However the offered has the right to revoke the offer at any time during the offer period, then the recipient will not be able to accept it.
In the given scenario Patrick offered to sell his house to Jarrod for $50,000. Jarrod was interested but did not wish to decide immediately so he asked Patrick if he would hold the offer open for thirty days.
So Jarrod had not accepted to offer.
Patrick has the right to revoke the offer and sell to someone else.
However Jarrod will be entitled to his 50 dollars back.
