Answer: None of these descriptions is accurate for Erik as he does not care about the level of risk involved and is indifferent to all the investment options and their risks.
Devin is risk averse as he decides to choose the safest option which is keeping the money as cash for one year.
Explanation:
Answer:
D) $17,500 gain.
Explanation:
Wells Company should record the following transactions:
- Dr Cash account 40,000
-
Dr Accumulated Depreciation Vehicles account 47,500
- Cr Vehicle account 70,000
- Cr Gain on Disposal account 17,500
$40,000 in cash was received and the accumulated depreciation balance should equal to zero, therefore they must be debited.
The vehicles account balance should equal zero and the rest is gain on disposal, therefore they must be credited.
The correct option is A.
Home inspection refers to the examination of the condition of a home prior to buying. Home inspections are usually conducted by professional home inspectors who had been trained on that field. The law demands that a property should be inspected prior to buying and selling of that property. Home inspection is done purposely to identify any problem that might be associated with the property.
Beau gets a $15,000 loan from a credit union to buy an automobile. Debt receives the assignment from the lender of the authority to accept loan payments. Beau can be sued by the assignee if he refuses to pay the loan.
A payment is the voluntarily made exchange of money, its equivalent, or other valuables by one party (such as an individual or business) for a loan another's goods, services, or to satisfy a legal obligation. Payer refers to the party sending the money, whereas payee denotes the recipient of the payment.
In principle, the payee is free to choose the payment method he or she will take; nevertheless, most payments regulations often compel the payer to accept the nation's legal cash up to a specified maximum. Except loan otherwise otherwise agreed by the parties, payments are typically made in the payee's native currency.
Learn more about payments here
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Answer:
The correct answer is letter "D": seeks to deliver superior value to buyers by satisfying their expectations on key attributes and beating rivals in meeting customer expectations on price.
Explanation:
Best-cost provider is a strategy by which suppliers attempt to provide consumers with high-quality products using methods of production that reduce costs. By doing so, suppliers would give more value to the money of their customers while meeting their expectations on the product purchased at the same time.
As production costs are lower, suppliers would be generating a comparative advantage.
