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FrozenT [24]
3 years ago
10

Jack offers to sell Jill his automobile for $10,000. Jill says she must think about but that she is not rejecting his offer. Jil

l goes home that day and comes to the realization that $10,000 is a great deal. She sends Jack a letter of acceptance by mail at 4pm by placing it in the drop box at the post office. Jill did not know that Jack had sent her a revocation letter at 3:30 from a different post office. The letter of revocation is scheduled for delivery the next day at 10am. What result
Business
1 answer:
wel3 years ago
3 0

Answer:

The sale of the car is canceled

Explanation:

For two reasons I think this. Jack had already sent out a letter to jill stating that the car is no longer for sale. As the current owner of the vechile he has the right at any point in time to draw out of the deal up till the actual signing over of the car.  

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A leading behavioral economist shows how businesses can improve consumer thinking and decision making on screens. acclaimed behavioral economist shlomo bernatzi reveals a toolkit or interventions for the digital age. using provocative case studies and engaging reader exercises.
7 0
3 years ago
A system of accounting for manufacturing operations that produces timely information about inventories and manufacturing costs p
sasho [114]

Answer:

The answer is cost accounting system.

Explanation:

Cost accounting is a tool that allows you to estimate the actual price of the products, which allows you to establish a profit margin for each unit sold. Depending on the activity of the company, several techniques are used such as production costing, process costing, standard costing, absorption costing, etc.

5 0
2 years ago
Byron Corporation forecasts that its income will be $21,000 next year. The firm pays out 30 percent of earnings as dividends to
noname [10]

Answer:

RE break point = $24500

Explanation:

21,000 net income

30% OF Earnings as dividends

21,000 x 30% = 6,300 dividends

Retained Earnings (assuming no previous beginning value)

21,000 - 6,300 = 14,700

RE break point = 14,700/0.6 = 24500

What does the $24,500 mean?

This mean that the company can raise financing for this ammount without changing their capital structure (60% equity 40% debt)

If the company wants to finance for more, it will need to raise new shares or chance their capital structure, and therefore the WACC will change

8 0
2 years ago
The contractor proposed $x,xxx,xxx for manufacturing labor contemplating the following full time equivalent (FTE) for the three
Lady_Fox [76]

Answer:

$659,277

Explanation:

The computation of the manufacturing labor dollars per year over the three year period of performance is shown below:

For 3 year it is

= 3 × 1,800 hours × $31

= $167,400

For 4.5 years, it is

= 4.5 × 1,800 hours × $31 × 1.025

= $257,377.50

Foe 4 years, it is

= 4 × 1,800 hours × $31 × 1.025 × 1.025

= $254,499.50

So, the manufacturing labor dollars per year is

= $167,400 +  $257,377.50 + $254,499.50

= $659,277

4 0
3 years ago
Rita and Paul are married and both work outside the home. Paul works as a contractor, and Rita is employed by a company. Paul te
Vesna [10]
Your answer is A. Paul is correct because the government always withholds money for taxes due from all incomes.
4 0
3 years ago
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