Answer:
A) Bill and John have a contract for the sale of the bike at $375.00
Explanation:
John first made an offer to buy the bike at $325 ⇒ Bill responded with a counteroffer increasing the price of the bike ⇒ John accepted Bill's counteroffer ⇒ they have a binding contract.
When parties are bargaining a contract, the process of giving an initial offer and then a counteroffer (or counteroffers) is part of the process of forming a contract. It is a necessary part, since without this bargaining process there is no contract. A contract is formed when one of the parties accepts the other party's offer or subsequent counteroffer.
Answer:
The appropriate answer is "$22,305".
Explanation:
The given values are:
Estimated uncollectible,
= $22,750
Credit balance in allowance,
= $445
Now,
The bad debt expense will be:
= 
By substituting the values, we get
= 
=
($)
Answer:
The correct answer is "indirect attack or bypass attack"
Explanation:
Bypass Attack or indirect attack is when the market challenger doesn´t attack directly a company leader, but increases its market share by attacking the vulnerable market.
Expanding into the untapped markets and innovating the actual product with technology.
The answer is true because without our tax maney we wouldnt have goods and services.