Ask question

Ask question

All categories

faltersainse [42]

3 years ago

5

Viv entered into a contract with Rodin, an assassin, to kill her ex-husband. She pays him $50,000, but he does not perform the d

eed. She now wants her money back. Must Rodin return the money?

2 answers:

Klio2033 [76]3 years ago

7 0

No he don't have to give it back

brilliants [131]3 years ago

4 0

No, he should donate the money to good causes. Or he can keep the many if he is poor.

You might be interested in

An economist left her $100,000-a-year teaching position to work full-time in her own consulting business. In the first year, she

Mazyrski [523]

D. Accounting loss but not an economic loss

6 0

3 years ago

For each of the below, indicate where each item should be presented in the statement of cash flows (using the indirect method) u

Nataly_w [17]

Answer:

<u> Blank 1 </u> <u> Blank 2</u>

i. Depreciation expense A I

ii. Purchase of office equipment B D

iii. Decrease in accounts receivable A I

iv. Payment of cash dividends C D

v. Conversion of bonds into common stock D N

vi. Sold land and warehouse used in the corp. B I

vii. Gain on sale of land and warehouse in part vi. A D

viii. Issued common stock for cash C I

ix. Decrease in accounts payable A D

x. Increase in inventory A D

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached pdf for the complete question.

How each of the item will appear in the the statement of cash flows (using the indirect method) is also provided below:

XYZ Company

Statement of Cash Flows (Indirect Method Format)

For the year...

<u>Details $ $ </u>

Operating activities:

Net profit xxx

Adjustment to reconcile net income:

i. Depreciation expense xx

iii. Decrease in accounts receivable xx

vii. Gain on sale of land and warehouse in part vi. (xx)

ix. Decrease in accounts payable (xx)

x. Increase in inventory <u> (xx) </u>

Net cash flows from operating activities xxx

<u>Investing activities:</u>

ii. Purchase of office equipment (xx)

vi. Sold land and warehouse used in the corporation <u> xx </u>

Net cash flows from investing activities xxx

<u>Financing activities:</u>

iv. Payment of cash dividends (xx)

viii. Issued common stock for cash <u> xx </u>

Net cash flows from investing activities <u> xxx </u>

Net cash flow for the year xxx

Beginning cash balance <u> xxx </u>

Ending cash balance <u> xxx </u>

Note: The does not affect the cash flows statement:

v. Conversion of bonds into common stock

8 0

3 years ago

When a company recognizes that the needs of one market segment is not the same as another and accordingly customizes its product

Andrej [43]

Answer:

Focus strategy.

Explanation:

Focus strategy is undertaken by a company to enter a narrow market or expand operations in such a market. The segment is specific and the business usually provides services that competitively meets customer needs.

Recognising that one market segment's needs are different from another one's is the basis for focus strategy. Resources will be used to meet and satisfy the unique needs of a target segment or niche. Involve a particular product line for example children clothing, detergents, lemon juice, children's shoes and so on.

6 0

3 years ago

Is there a passive form of perfect continuous tense?

ZanzabumX [31]

In passive sentences , the subject receives the action verb . The most commonly used verb tenses for this form are present continuous and past continuous. For now let’s keep going with the present continuous

3 0

3 years ago

Why scarcity and choice are basic economic problems faced by every Society??

Ksju [112]

The basic economic problem is that of scarcity and choice. This is because people have infinite wants in the face of limited resources, therefore decisions have to be made. The basic economic problem ensures that every society has to decide what to produce, how best to produce it, and for whom to produce it.

3 0

3 years ago