Answer:
Cobra Inc.
The amount that Cobra should report for desks is $790.
Explanation:
a) Data and Calculations:
Purchases on March 3 = $330
Purchases on March 22 = $460
Payment on March 24 = ($460)
Amount unpaid = $330
b) The amount that Cobra Inc. should report as Accounts Payable at the end of March is $330. However, in reporting for the desks, it should report $790 in assets. This amount represents the value of desks that the company is possessing, which is financed by company cash and creditors.
Answer:
No, the uncle's action to the buyer was not effective.
Explanation:
His uncle executed a deed of guarantee that gave the nephew a plot of land and did not undo the action. So the nephew is the natural heir, as the statute of the jurisdiction in which the land is located provides that no transfer or mortgage of real estate will be valid against subsequent buyers for value and without notice whose transfer is first registered, from according to the law.
Answer: -42%
Explanation:
Based on the scenario in the question, the initial investment will be:
= 15 × 1000 × 12%
= 15 × 1000 × 0.12
= $1,800
We then calculate the return. This will be:
=[(15 - 15.75) × 1,000]/1,800
= -750/1,800
= -0.4166666667
Return = -42%
D) All of the above because they all go through a process called “transferring” which means connecting to someone else’s device through WiFi and transferring payments through there.