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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 firm sells a product in a purely competitive market. The marginal cost of the product at the current output of 200 units is $4
sattari [20]

Answer:

It must shut down

Explanation:

Even at the lower average variable cost, which is 3.50 dolllar will be lossing money given a market price of 3.00 dollar

Considering is not making enough to cover the variable cost the best option is to shut down and only take a hit for the fixed cost  until it can totally exit the market. If it tries to produce it will only make thinks worse as producing generates more losses

6 0
3 years ago
Janet is forecasting how much money her department needs to support a new project. She estimates that two people and $25,000 in
hammer [34]

Answer:

Padding estimates.

Explanation:

Padding the budget means making the budget proposal larger than the actual estimates for the project. This is done either by increasing a project's expenses or decreasing its expected revenue.

3 0
3 years ago
Interest rate​ (with changing​ years). Keiko is looking at the following investment choices and wants to know what annual rate o
olga2289 [7]

Answer:

7.38%

8.23%

7.01%

9.17%

Explanation:

Rate of return = (future value / amount invested)^(1/n) - 1

n = number of years

a. (788.17 / 360)^(1/11) - 1 = 7.38%

b. (11.499.87 / 3000) ^(1/17) - 1 = 8.23

c. (140,000 / 31,542.31)^(1/22) - 1 = 7.01

d. (1,100,000 / 32895.12)^(1/40) - 1 = 9.17

7 0
3 years ago
Pendant Publishing is considering a new product line that has expected sales of $1,100,000 per year for each of the next 5 years
Katyanochek1 [597]

Answer:

The operating cash flow of year 1 for the company is $368,500

Explanation:

In order to calculate the operating cash flow of year 1 for the company first we need to calculate the Cashflow before tax and depreciation as follows:

Cashflow before tax=Sales-Variable cost-fixed cost

Cashflow before tax=$1,100,000-$450,000-$180,000      

Cashflow before tax=$470,000

 

Depreciation = Original cost - Salvage / fixed Cost

Depreciation= $1,200,000 - $300,000 / 5

= $180,000

Therefore, to calculate the operating cash flow of year 1 for the company we would have to make the following calculation:

Operating Cash Flow=(CFBT×65%)+Depreciation×35%

Operating Cash Flow=($470,000×65%)+($180,000×35%)

Operating Cash Flow=$368,500

The operating cash flow of year 1 for the company is $368,500

5 0
3 years ago
If a patent lawyer works for a startup without cash compensation, but receives instead shares in the presumably soon-to-be-succe
olga_2 [115]
1 or 2 mmight be the right answers but please let me know if im wrong
5 0
3 years ago
Read 2 more answers
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