Explanation:
<em><u>1</u></em><em><u>.</u></em><em><u> </u></em><em><u>advertising</u></em><em><u> </u></em>
<em><u>2</u></em><em><u>.</u></em><em><u> </u></em><em><u>distribution</u></em><em><u> </u></em>
<em><u>3</u></em><em><u>.</u></em><em><u> </u></em><em><u>well</u></em><em><u> </u></em><em><u>crafted</u></em>
Answer:
According to the Uniform Commercial Code's rule, when forms are not exchanged, acceptance cannot materially vary from the offer
Explanation:
Then UCC code was established because it was becoming increasingly difficult for companies to transact business across state lines given the various state laws.
The Uniform Commercial Code (UCC) is important since it helps companies in different states to transact with each other by providing a standard legal and contractual framework.
According to the Uniform Commercial Code's rule,
- Firm offers (offers to buy or sell goods and promising to keep the offer open for a period of time) are valid without only when it is signed by the offeror.
- An offer to buy goods for shipment invites acceptance by either prompt shipment or a prompt promise to ship.
Therefore, when forms are not exchanged, acceptance cannot materially vary from the offer.
Answer:
June 10
Debit Purchases for $9,000: Gross method
June 30
Debit Discounts lost for $180: Net method
June 30
Credit Cash for $9,000 : Both methods
Explanation:
To Illustrate the required journal entries to record and pay for this purchase under the GROSS METHOD and NET METHODS by matching the action on the left with the method on the right using a PERIODIC INVENTORY SYSTEM.
June 10
Debit Purchases for $9,000: Gross method
June 30
Debit Discounts lost for $180: Net method
(2%*$9,000)
June 30
Credit Cash for $9,000 : Both methods
Answer:
C) small part of household wealth, and so the interest-rate effect is small.
Explanation:
During 2011 the per capita holdings of US dollars amount to only $2950, compared to the GDP per capita of $49,794 it is not a significant amount. Some government agencies estimate that nearly 2/3 of all $100 bills are held in foreign countries.
The decrease in money holdings can be attributed to an increase in the use of banking services, especially an increase in the use of debit cards, but also credit cards and checks.
Answer:
b. do not vary as output varies.
Explanation:
Fixed cost are defined as those cost that is incurred by a business that do not vary with level of production. For example if a company pays rent wether it produces goods or not it will incur the same rent expense. So this cost does not vary with output.
Variable cost on the other hand varies with production. The higher the level of production the higher the variable cost. For example the more the output required the more the labour employed to achieve higher output.