<span>Because the initial delivery was made on August 1st and the original agreement was for the delivery to be no later than August 15th, that gives the lessee exactly 14 days to correct the problem and make good on the contract.</span>
Answer:
A. 118%
Explanation:
22w= 26,
Hence:
The weight in the managed portfolio is
26/22
= 118%
Therefore the adjusted portfolio P* needed to calculate the M2 measure will have 118% invested in the managed portfolio and the rest in T-bills.
Answer:
c. $500,000
Explanation:
Given that :
Parker Corp. owns 80% of Smith Inc.'s common stock
During Year 1, Parker sold Smith $250,000 of inventory
Therefore; adjusted for inter Corp. sales = $250,000
The following information pertains to Smith and Parker's sales for Year 1:
Parker Smith
Sales $ 1,000,000 $ 700,000
Cost of Sales $400,000 $ 350,000
Total $ 600,000 $ 350,000
For the Unadjusted Cost of Sales of Parker and Smith = $400,000+$ 350,000
= $750,000
The amount that Parker should report as cost of sales in its Year 1 consolidated income statement = Unadjusted Cost of Sales - adjusted for inter Corp. sales
= $750,000 - $250,000
= $500,000
Answer:
I. Identify what is the problem
II. Acquire the data
III. Develop the model
IV. Implement the Model.
V. Do the results look right.
Explanation:
The problem-solving process can be defined as the systematic approach used to identify and determine the solution to a particular problem.
The steps involved in the problem-solving process are;
1. Identify and define the problem: this is the first step to be taken in solving a problem. This is to ensure that, the focus is on the main issue or situation and all efforts is channeled in the right direction rather than the symptoms.
2. Gathering of information: this helps to consider the options available in solving a problem effectively.
3. Consider your options: this helps to compare the available and viable solutions to the problem.
4. Weigh disadvantages and evaluate a solution: you weigh the disadvantages of each solution, before choosing the one with the least disadvantages.
Hence, the fundamental steps of the problem solving process in the correct order are;
I. Identify what is the problem
II. Acquire the data
III. Develop the model
IV. Implement the Model.
V. Do the results look right.
