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user100 [1]
3 years ago
9

In March, Nigel agrees to sell manufactured goods to Marilyn, who agrees to pay for the goods by a promissory note, payable in s

ix (6) months ("Note"). The goods arrive at Marilyn's store, and she sends the signed Note to Nigel. Nigel immediately sells the Note to Carl for value. It turns out that the goods are not well made and fall apart after a few uses. Marilyn's customers start returning the goods to her; and when the Note is due, Marilyn refuses to pay Carl.
Business
1 answer:
Brilliant_brown [7]3 years ago
4 0

Answer:

Marilyn take a good decision.

Explanation:

Marilyn refuses to pay Carl because Marilyn did not sell any goods due to its bad quality so Marilyn earn no money and is unable to pay Carl. Marilyn will be able to pay Carl if the goods are sold and she has the money but when there is no sale at all, Marilyn is unable to pay for the goods on the due time. Marilyn should return the goods to Nigel instead of paying money for it because these goods are useless and nobody will it at all.

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Lewis Inc. owns 40% of Morgan and applies the equity method. During the current year, Lewis buys inventory costing $400,000 and
Alchen [17]

Answer:

The correct answer is a) $24,000

Explanation:

At the end of the year, Morgan still holds $140,000 of this merchandise

Lewis Inc. owns 40% of Morgan and applies the equity method

40% = 0.4

$140,000 x 40% = $56,000

Lewis buys inventory costing $400,000 and sells it to Morgan for $700,000.

$700,000 - $400,000 = $300,000

=$56,000 x ($300,000 ÷ $700,000)

=$56,000 x 0,428571429

= $24,000

7 0
3 years ago
People who support free trade would MOST LIKELY support the efforts of which of these organizations?
Rudiy27
<span>I, II, and IV I think</span>
7 0
3 years ago
Read 2 more answers
What kinds of questions does an operations manager who is responsible for operational-level planning address
Gala2k [10]

The type of questions an operations manager responsible for operational-level planning addresses are related to the amount of inventory units for a given product that he must order.

<h3 /><h3>Operational planning</h3>

It is at this level where the methods and processes responsible for the correct functioning of the company are defined, fulfilling all the tasks foreseen. It comprises the short term, about up to 1 year in duration.

Therefore, an operations manager who develops operational planning must be aware of organizational needs in relation to its operations, valuing quality, reliability, speed and better costs.

The correct answer is:

  • How many units of stock for product X should I order?

Find out more information about operational planning here:

brainly.com/question/5938153

6 0
2 years ago
The following is cost information for the Creamy Crisp Donut Company:
SCORPION-xisa [38]

Answer:

Given:

Annual lease = $22000

Annual revenue = $380000

Payments = $120000

Utilities = $8000

Value (entrepreneur's talent ) = $80000

Forgone Entrepreneur's interest = $6000

Therefore, we'll first compute the accounting profit using the following formula :

<em>Accounting profit = Annual revenue - Annual lease - Payments - Utilities </em>

<em>Accounting profit = 380000 - 22000 - 120000 - 8000 </em>

<em>Accounting profit =$230000 </em>

Therefore, the economics profit can be evaluated using the following formula:

<em>Economic profit = Accounting profit - Opportunity cost (Salary of entrepreneur) - Value (entrepreneur's talent) - Forgone Entrepreneur's interest</em>

<em>= 230000 - 50000 - 80000 - 6000</em>

<em>= $94000</em>

5 0
3 years ago
A firm is engaged in assessing the relative size of a market segment in terms of unit and dollar sales along with its potential
Mashcka [7]

Answer:

True

Explanation:

A SWOT analysis evaluates the internal strengths and weaknesses, and the external opportunities and threats in an organization's environment. The analysis can identify resources, capabilities, core competencies and competitive advantages, providing a functional approach to review finance, management, infrastructure, procurement, production, distribution and marketing,. The analysis is critical in identifying the source of competitive advantage. It can point out the resources that need to be developed in order to remain competitive and equally identifies market opportunities and threats by looking at the competitors' environment, the industry environment and the general environment.

7 0
3 years ago
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