Answer:
Bing can immediately sue for breach of contract
Explanation:
Based on the scenario that is being described, Bing can immediately sue for breach of contract. Breaching a contract is when one party in a binding agreement fails to deliver according to the terms of the agreement. When Dill made an anticipatory repudiation, he basically stated that he does not intend to live up to the obligations of the contract that he had agreed to, therefore breaching the contract and becoming liable.
Answer: Marketers generally have to to deal with the expensive nature of using differentiated marketing strategies.
Explanation: Marketing for different cultures and ethnicities can be a great ordeal. Apart from having to design tailor made services to different target groups there is also a slim chance that local ethnic groups may find differentaited marketing offensive.
For Instance, a new airline in UAE designs different packages for low income earners and middle class earners. Comprising both of different sexes. However, it is a culture in UAE that women are not be seen around men. This poses as a potential threat to business.
The airline would now have adjust their packages to be gender specific.
Answer: c. $18,000
Explanation:
Provision for doubtful accounts estimate;
= 600,000 * 3%
= $18,000
This is the Percentage of sales method and it ignores the existing balance in the Provision for doubtful accounts using only the estimate provided.
Answer:
C. $13,700
Explanation:
Given that;
Beginning retained earnings = $4,000
Net income during the period = $10,000
Dividends = $300
Computation of Ending balance in the retained earnings account
= Beginning retained earnings + Net income during the period - Dividends
= $4,000 + $10,000 - $300
= $13,700
Therefore, the ending balance in the retained earnings account is $13,700
