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dmitriy555 [2]
3 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]3 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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A company wants to set up operations in a country with the following corporate tax rate structure: Taxable Income Tax Rate <$
Alisiya [41]

Answer:

Taxable income = $240,000

Amount payable = $64,850

Explanation:

As per the data given in the question,

Taxable income :

Gross revenue = $400,000

Total cost = $100,000

Net profit = $400,000 - $100,000 = $300,000

Allowable tax deduction = $60,000

Taxable income = $300,000 - $60,000

= $240,000

Tax to be paid :

Computation of tax       Amount to be taxed           Rate            Tax

$50,000                                 $50,000                        15%            $7,500

$50,000 to $75,000             $25,000                        25%           $6,250

$75,000 to $100,000           $25,000                         34%           $8,500

More than $100,000             $140,000                       39%           $54,600

Total tax                                                                                           $76,850

Amount payable = Total tax - Tax credit

= $76,850 - $12,000

=$64,850

3 0
3 years ago
Fabriq Inc., a cosmetics company, hired a well-known movie star to appear in its advertisements. The company hoped that using a
miskamm [114]

Answer:

Ad-To-Consumer Relevance

Explanation:

Ad-to-consumer importance applies to cases in which a new product's advertising name or character or person is of interest to customers.

In this situation, Fabriq Inc. tries to connect people's interest in their product. People connect themselves easily with Celebrities because they admire them.

So, many advertising agencies try to advertise with celebrities.

4 0
3 years ago
Cool Compartments Inc. has offered to sell 20,000 ice-makers to Refrigerator Company for $28 per unit. If Refrigerator accepts C
r-ruslan [8.4K]

Answer:

$680,000 vs $440,000

Explanation:

Total Costs to Make :

Manufacturing Costs ($34 x 20,000)                                     $680,000

Total                                                                                          $680,000

Total Cost to Buy :

Purchase Price ($28 x 20,000)                                               $560,000

<u>Less Savings :</u>

Fixed overhead ($6 x 20,000)                                                ($120,000)

Total Cost                                                                                  $440,000

7 0
3 years ago
Walmart's implementation of RFID, a type of technology that allows it to improve inventory tracking, is an example of a(n) _____
Bess [88]

Answer:

Proactive

Explanation:

Proactive change is the change that occurs when an organisation makes different modifications to to a work place and methods.

Most organisations carry out proactive changes due to the following reasons:

1) Gaining entry into a new market.

2) Change in the normal business condition.

3) Acquiring operational capabilities.

Proactive changes helps to identify new innovation for the growth of the company, it also allows for flexibility and better internal understanding among employees.

5 0
3 years ago
Read 2 more answers
Emerson Inc.'s would like to undertake a policy of paying out 45% of its income. Its latest net income was $1,250,000, and it ha
AfilCa [17]

Answer:

$2.50

Explanation:

Given that,

Dividend Paying out under a policy = 45% of its income

Net income = $1,250,000

Number of shares outstanding = 225,000

Total dividends:

= 45% of its income

= $ 1,250,000 × 45%

= $562,500

Dividend per share:

= Total dividends ÷ Number of shares outstanding

= $562,500 ÷ 225,000

= $2.50

7 0
3 years ago
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