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dmitriy555 [2]
2 years ago
6

On August 15, Calvin offers to sell Clarissa his laptop for $500 cash. He tells Clarissa she can only accept the offer by mailin

g the money to arrive by September 2 at his university mailbox. Clarissa mails a check for $500 to Calvin, and the money arrives in the mailbox by August 30th, although Calvin doesn't retrieve his mail (along with Clarissa's payment) until September 4th. Did Clarissa accept Calvin's offer?
a. No, because Clarissa didn't meet all the requirements of the offer.

b. Yes, because Clarissa paid Calvin's asking price for the laptop.

c. Yes, because the money arrived at Calvin's mailbox before September 2nd.

d. No, because Calvin did not actually receive
Business
1 answer:
alekssr [168]2 years ago
7 0

Answer: a. No, because Clarissa didn't meet all the requirements of the offer,

Explanation:

With regards to the information provided in the question, the offer won't be accepted because Clarissa didn't meet all the requirements of the offer.

Since Calvin told Clarissa that she can only accept the offer by mailing the money to arrive by September 2 at his university mailbox but the money eventually arrives in the mailbox by August 30th, although Calvin doesn't retrieve his mail alongside the payment until September 4th.

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How is globalization affecting the hospitality industry? Give specific examples of some of the changes.
ludmilkaskok [199]

globalization affect the hospitality directly by the people coming from different countries . either they get cheaper services or they change some stuff for people because different cultures

4 0
3 years ago
A miner working for a mining company requests the purchasing agent of the company to buy a particular brand of high powered LED
sesenic [268]

Answer:

The correct answer is letter "B": users.  

Explanation:

We can identify seven (7) roles members of a company can play in the organizational purchasing process: <em>initiators, users, buyers, influencers, deciders, approvers, </em>and <em>gatekeepers</em>. The users are the characters who are likely to benefit directly from the purchase since the products bought will be provided to them. Sometimes they play the role of the <em>initiators </em>requesting what is necessary.

7 0
3 years ago
A company has the following liabilities at year end:
lisov135 [29]

Answer:

B) $16,000

Explanation:

Current liabilities are debt that must be paid within a 12 month period.

The total value of the notes payable is $355,000, but only $16,000 is due within 12 months. The $175,000 of short term debt has been refinanced and reclassified as long term debt. The $25,000 of deferred tax liability is also non current.

4 0
2 years ago
The balance in the unearned fees account, before adjustment at the end of the year, is $900,000. Of these fees, $775,000 have be
Sloan [31]

Answer:

(a) Debit Unearned fees account  $775,000

    Credit Fees revenue account    $775,000

(b)  Debit Unbilled receivables   $289,500

     Credit Fees revenue account    $289,500

Explanation:

When fees are received in advance but yet to be earned, a debit is posted to cash account and a credit to unearned fees. When revenue is earned, credit revenue and debit unearned fees.

As such, given that before adjustment at the end of the year, is $900,000. Of these fees, $775,000 have been earned. Adjusting entries required

Debit Unearned fees account  $775,000

Credit Fees revenue account    $775,000

Being entries to record revenue earned.

Also given that $289,500 of fees have been earned but not billed to clients, entries required are

Debit Unbilled receivables   $289,500

Credit Fees revenue account    $289,500

Being entries to accrue for revenue earned but yet to be billed.

6 0
3 years ago
Anthony Corporation reported the following amounts for the year: Net sales $296,000 Cost of goods sold 138,000 Average inventory
never [62]

Answer:

132.25 days

Explanation:

average days in inventory is an activity ratio.

Activity ratios calculates the efficiency of performing daily tasks.

average days in inventory = number of days in a period / inventory turnover

inventory turnover = cost of goods sold / average inventory = 138,000 / 50,000 = 2.76

Assuming a 365 day period , 365 / 2.76 = 132.25

4 0
3 years ago
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