1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Forms used by the medical practice should be updated __________ and the codes verified with the current year's diagnostic and pr
Paladinen [302]

 I believe the correct word to fill in the blank is:

“Annually”

 

Forms which are used in medical practice and the accompanying medical codes used must always be updated annually to make sure that they are accurate and precise with regards to the latest practice in the medical field. This is extremely important especially that we are dealing with life and death.

8 0
3 years ago
If the margin of safety is $200,000, fixed expenses are $50,000 and sales revenue is $500,000, what are variable costs?
Setler79 [48]

Answer: $250,000

Explanation:

4 0
2 years ago
Inspection costs at one of Ratulowski Corporation's factories are listed below: Units Produced Inspection Costs April 906 $ 16,3
-Dominant- [34]

Answer:

$7,816.9943

Explanation:

Using the high-low method;variable cost per unit=[Total cost at highest level-Total cost at lowest level]/(Highest level-Lowest level)

= $16,700 - $15,850 / 951 - 860

= $850 / 91

= $9.340659340659341

= $9.3407

Hence, total fixed cost = $16,700 - ($9.3407*951) = $16,700 - $8,883.0057 = $7,816.9943

7 0
2 years ago
what will most likely still occur when the economy has achieved full employment? a.frictional, seasonal, and cyclical unemployme
topjm [15]
The right answer for the question that is being asked and shown above is that: "<span>c.Frictional, seasonal, and structural unemployment " </span>most likely still occur when the economy has achieved full employment is that <span>c.Frictional, seasonal, and structural unemployment </span>
5 0
3 years ago
Which of the following factors, by itself, requires a corporation to comply with the reporting requirements of the Securities Ex
Ludmilka [50]

Answer:

d.Shares listed on a national securities exchange.

Explanation:

The primary purpose of enacting the securities exchange act of 1934 was to regulate securities and transactions in the financial or money markets. The act ensures fairness in financial dealings, thereby creating investor confidence.

For it to achieve its objectives, the securities exchange act contains mandatory disclosure requirements that ensure investors have access to relevant and accurate information to make decisions. The disclosures have to be made at crucial times to aid in investment decisions. All companies listed in the stock exchange are required to abide by the requirements of the exchange act.

6 0
3 years ago
Other questions:
  • Governments of all types have historically included two basic components: a means of coercion, and a means of
    13·1 answer
  • Anna Prentice has worked for years fixing broken typewriters. She is laid off from her job as fewer and fewer people use typewri
    8·1 answer
  • What are the 5 types of insurance
    8·1 answer
  • Suppose that a monopoly firm finds that its MR is $56 for the first unit sold each day, $55 for the second unit sold each day, $
    11·1 answer
  • 5. If a business letter is part of a series of correspondence, a/an _______ line is often included. A. attention B. urgent C. co
    10·1 answer
  • In 2018, DFS Medical Supply collected rent revenue for 2019 tenant occupancy. For income tax reporting, the rent is taxed when c
    5·1 answer
  • In the year prior to going public, a firm has revenues of $20 million and net income after taxes of $2 million. The firm has no
    10·1 answer
  • Cash paid for equipment would be reported on the statement of cash flows in_________.
    11·1 answer
  • Using the high-low method and the Millco data above, what is the approximate fixed cost component of the monthly maintenance cos
    10·1 answer
  • Fast fine foods markets some of its products to consumers looking for simple quick meals. Fast find foots also offer another lin
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!