When aggregate supply and demand overlap, the price level and real GDP level are in equilibrium.
Explain about the equilibrium?A static or dynamic balance between opposing forces or activities that occurs when the velocities in both directions are equal, as in the case of a body acting on by forces whose resultant is zero a condition of intellectual or emotional equilibrium.
If the three requirements listed below are true, a solid body subject to three forces with non-parallel lines of action is in equilibrium: There are parallel avenues of action (in the same plane) There is convergence in the channels of action (they cross at the same point) These forces add up to a vector with a value equal to zero.
When the forward and reverse response rates are equal, a system is in equilibrium. The rate of the forward reaction rises when more reactants are introduced.
To learn more about equilibrium refer to:
https://brainly.com/question/26075805
#SPJ4
to assure that all purchases are authorized before payment is made, accounting department personnel should match the vendor's invoice to:
The purchase order to assure that all purchases are authorized before payment is made, accounting department personnel should match the vendor's invoice to
A purchase order, which specifies types, quantities, and agreed-upon prices for goods or services, is a commercial document and the first formal offer made by a buyer to a supplier. An indent is a purchase order that is frequently made through an agent (the indent agent) and is subject to predetermined terms of sale.
It is employed to regulate the acquisition of goods and services from outside providers. An important component of enterprise resource planning system orders can be purchase orders.
To learn more about purchase order refer here:
https://brainly.com/question/14394210
#SPJ4
The style of pottery known as _____ is important for the African diaspora because it was often made by enslaved individuals, and later rejected following emancipation.
The style of pottery known as Colonoware is important for the African diaspora because it was often made by enslaved individuals, and later rejected following emancipation.
Colonoware is a low-fired pottery tradition that is primarily found in the southeastern United States. It has been associated with indigenous peoples, enslaved peoples, and low-income diaspora in the American colonies from the seventeenth to the nineteenth centuries. Thirteen pieces of 18th century colonoware with folded strip roulette decorations were discovered in Charleston, South Carolina. Created colonoware of this pottery style in the United States from colonial America until the 19th century. Around 2000 BCE, roulette-decorated pottery most likely originated in West Africa and the northern region of Central Africa.
To learn more about pottery, click here.
https://brainly.com/question/12001414
#SPJ4
Williams Company plans to issue bonds with a face value of $607,000 and a coupon rate of 4 percent. The bonds will mature in 10 years and pay interest semiannually every June 30 and December 31. All of the bonds are sold on January 1 of this year. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.) Determine the issuance price of the bonds assuming an annual market rate of interest of 4 percent.
Based on the face amount of the bond and prevailing market interest rates, the issue price of the bond is $600,000.
What is interest rate?Interest rate refers to the amount of interest per period associated with an amount lent. The total interest on the amount lent or borrowed depends on the principal amount, the interest rate, the frequency of compounding interest, and the length of the term of the loan, deposit or borrowing. For example, if he borrows $100 at an interest rate of 5%, he will return $105 to the lender who borrowed the money. The lender makes him $5 in profit. There are different types of interests that you may encounter throughout your life. Each loan has its own interest rate, which shows how much you actually took. Appropriate personal loan interest rates depend on your credit rating.740 and above: Less than 8% (look for good credit ratings) 670 to 739:About 14% (look for good credit) 580-669.To learn more about interest rate from the given link :
https://brainly.com/question/13324776
#SPJ4
PLEASE HELP TIME SENSITIVE!!! WORTH EXTRA POINTS!!!
What step should a technical writer take after applying review feedback?
A.
Arrange a one-on-one review meeting.
B.
Host a tabletop review meeting.
C.
Send the draft back for a second review.
D.
Choose an appropriate reviewer.
E.
Email reviewers for individual comments.
The step that a technical writer should take after applying review feedback is this:
A. Arrange a one-on-one review meeting.
What is the next step after applying review feedback?After applying review feedback, the next step will be to arrange a physical review meeting where all stakeholders can be present to review the corrections made to be sure that they align with the specifications required.
Also note that a review typically has three stages which are the first, second, and third reviews. When the last of these are completed, a one-on-one meeting can help to tighten all of the loose ends.
Learn more about review feedback here:
https://brainly.com/question/25658249
#SPJ1
which of the following statements about the statement of cash flows are correct? (check all that apply.)
The following statements about the statement of cash flows are correct.
It is a detailed disclosure of individual cash flows.The purpose is to report cash receipts and cash payments during a period.The correct options are A and C.
Why is separate disclosure of cash flow?
Separate disclosure of cash flows from investing activities is important because it represents the amount of money spent on resources that will generate future income and cash flows.
Cash flow is a measure of how much money a company brought in or spent over time. On the statement of cash flows, a common financial statement, cash flow is typically broken down into cash flow from operating activities, cash flow from investing activities, and cash flow from financing activities.
Thus, the ideal selection is options A and C.
Learn more about the statement of cash flows here:
https://brainly.com/question/15278261
#SPJ1
Your Question seems incomplete most probably Your complete Question was:
Which of the following statements about the statement of cash flows is correct? (Check all that apply.) Check all that apply. It is a detailed disclosure of individual cash flows. In certain circumstances, it can replace the statement of retained earnings. The purpose is to report cash receipts and cash payments during a period.
which of the following statements best describes the difference between the irr method and the mirr method? the irr method assumes that cash flows are reinvested at a rate of return equal to the irr. the mirr method assumes that cash flows are reinvested at a rate of return equal to the cost of capital. the irr method uses the present value of the initial investment to calculate the irr. the mirr method uses the terminal value of the initial investment to calculate the mirr. the irr method uses only cash inflows to calculate the irr. the mirr method uses both cash inflows and cash outflows to calculate the mirr.
The difference between the IRR method and the MIRR method is best described by the statement that the IRR method assumes that cash flows are reinvested at a rate of return equal to the IRR.
The modified internal rate of return (MIRR) assumes that positive cash flows are reinvested at the firm's cost of capital and that initial capital expenditures are financed at the firm's financing cost.
The discount rate at which the net present value of a series of cash flows equals zero is denoted by RR. MIRR can also be defined as the rate of return at which the NPV of project inflows equals the initial investment.
To know more about MIRR, click here.
https://brainly.com/question/14124848
#SPJ4
FILL IN THE BLANK. a generic brochure was developed by the___to assist prospective buyers of life insurance, which includes descriptions of all the basic types of life insurance and comparisons of their relative costs.
A generic brochure was developed by the NAIC to assist prospective buyers of life insurance, which includes descriptions of all the basic types of life insurance and comparisons of their relative costs.
The call of the insurer will be truly recognized in all classified ads approximately the insurer or its products, and if any unique man or woman coverage is marketed it will be recognized both with the aid of using shape wide variety of different suitable description.
All classified ads are the duty of the insurer. a hundred and eighty days. If a manufacturer dies or is rendered disabled, a member of the family or an companion can input in an settlement with any other manufacturer to retain the business.
Learn more about insurance here:
https://brainly.com/question/25855858
#SPJ4
What is personal safety protocol example?.
Be mindful of your surroundings and the people nearby, especially if you're alone or it's dark out. Always take a friend when you can. As much as possible, stay in well-lit areas. Approach the curb closely.
What is Personal Safety Tips?Be Prepared for Personal Safety
You can lessen your risk of becoming a victim of crime and deter potential offenders by taking a few straightforward precautions.Maintain constant vigilance and awareness of those around you.Get informed about prevention strategies.Be mindful of places and circumstances like dark parking lots and alleys that might give the impression that you are a target for theft.Street Safety Precautions
Be mindful of your surroundings and the individuals nearby, especially if you're alone or it's dark out.Always take a friend when you can.As much as possible, stay in well-lit areas.Approach the curb closely. Avoid areas like bushes, doorways, and alleys where someone might be hiding.Continually move forward while walking with assurance.To Learn more About Personal Safety refer to:
https://brainly.com/question/29546962
#SPJ4
Functions of _____ include buying, selling, transporting, and storing goods for an organization in order to accomplish objectives and generate exchanges.
marketing
Functions of marketing include buying, selling, transporting, and storing goods for an organization in order to accomplish objectives and generate exchanges.
It acts as the public face of your firm, organising and creating all materials that reflect it. Reaching out to potential clients, consumers, investors, and/or the community is the responsibility of the marketing department, which must also develop a unified brand image that favourably portrays your business.
The aspect of marketing that people are most familiar with is promotion. It comprises the traditional and digital marketing strategies that the majority of audiences are already familiar with. Promotion includes actions intended to interact with consumers, educate them about the company and its offerings, and persuade them to buy items or services.
To know more Marketing here
https://brainly.com/question/29057352
#SPJ4
On january 1, 2024, splash city issues $460,000 of 8% bonds, due in 15 years, with interest payable semiannually on june 30 and december 31 each year. Assuming the market interest rate on the issue date is 9%, the bonds will issue at $422,536. Required: 1. Complete the first three rows of an amortization schedule
On Gregorian calendar month one, 2021, Splash town problems $460,000 of 8 May 1945 bonds, due in fifteen years, with interest collectible biyearly on June thirty and New Year's Eve|day every year.
Assumptive the market charge per unit on the problem date is Sep 11, the bonds can issue at $422,536
Splash City Journal entries
January 01, 2021
Debit money of $460,000
Credit Bonds collectible $460,000
(To record supply of bonds )
June 30, 2021
Debit Bond expense of $18,400
Credit money $18,400
(8%/2×$460,000 )
(To record Interest on bond paid)
December 31, 2021
Debit Bond expense of $18,400
Credit money $18,400
(To record Interest on bond paid)
To learn more about bonds, visit here
https://brainly.com/question/29344176
#SPJ4
Fiat money
A. has no intrinsic value.
B. is backed by gold.
C. is a medium of exchange but not a unit of account.
D.is any close substitute for currency such as checkable deposits.
Fiat money is a medium of exchange but not a unit of account. Thus, option (c) is correct.
What is money?The term “money” refers to the exchange of goods and services. The currency is the currency of the country. Different countries have different currencies. Usually, money looks like paper notes and coins.
According to the fiat money is a type of currency is the medium of exchange that is declared legal sensitive by a government, but not a unit of account.
Therefore, option (c) is correct.
Learn more about on money, here:
https://brainly.com/question/22984856
#SPJ1
further suppose that in this case the original firm will hire lobbyists and make donations to several key politicians to extend its patent for one more year. the firm is prepared to spend up to _______ million to extand its patent.
Trying to rent
The demand, marginal revenue, and marginal cost curves for a single-price monopolist that manufactures a medication that lessens arthritic pain are depicted in the accompanying graph.
Put the grey point (star symbol) in the proper spot on the graph to represent the monopoly outcome such that the dashed lines show the single-price monopolist's profit-maximizing price and quantity. Use the green rectangle (triangle symbols) to then display the monopolist's earnings.
For more questions like Lobbyists visit the link below:
https://brainly.com/question/17478786
#SPJ4
when countries with small starting levels of capital reap large benefits from increased capital, allowing these countries to grow faster than countries with abundant capital, which of these has occurred? please choose the correct answer from the following choices, and then select the submit answer button. answer choices productivity diminishing returns to capital catch-up effect increasing returns to capital
Economic Factors is Long-term growth in the physical capital stock boosts the economy's overall productive capacity by enabling the production of more goods and services with the same amount of labor and other resources.
What Is U.S. Economy to Business Investment? Business investment refers to outlays made by for-profit organizations and private companies for tangible assets used to generate goods and services. Equipment (such as machinery or computers), structures (such as offices or warehouses), and intellectual property (such as software development or research & development) are the three main categories of physical capital. Businesses can enhance their stock of physical capital through investment, which expands their ability to generate goods and services. For instance, adding a second grill to a restaurant enhances its ability to prepare food at any given time. Physical capital must eventually be replaced as it degrades over time due to wear and tear, a process known as depreciation, and becomes less productive over time.A business must make fresh investments if it wants to continuously enhance its stock of physical capital and, by extension, its productive capability.Physical capital depreciates more quickly than its existing physical capital. The same is true for the economy as a whole: For the stock of physical capital in the economy to rise, the rate of investment must be higher than the rate of decline in physical capital.To Learn more About Economic Factors refer to:
https://brainly.com/question/13721949
#SPJ4
given these schedule for the supply and demand for widgets, derive the demand equation, supply equation, equilibrium price and equilibrium quantity.
The equilibrium fee is the only price the place the plans of customers and the plans of producers agree—
that is, the place the amount buyers choose to purchase of the product, quantity demanded, is equal to the amount producers want to sell, extent supplied. This frequent extent is called the equilibrium quantity.
How do you derive provide and demand equations?Using the equation for a straight line, y = mx + b, we can decide the equations for the provide and demand curve to be the following: Demand: P = 15 – Q. Supply: P = 3 + Q.
To locate the equilibrium rate a mathematical formulation can be used. The equilibrium fee components is based totally on demand and grant quantities; you will set extent demanded (Qd) equal to extent provided (Qs) and remedy for the charge (P). This is an example of the equation: Qd = one hundred - 5P = Qs = -125 + 20P.
Learn more about equilibrium price here:
https://brainly.com/question/26075805#SPJ4Besides technical skill, what is the most important factor for staying employed and being offered promotions?obtaining a college degreepursuing self-directed learningshowing professional behaviorsetting long-term goals.
The key to maintaining employment and receiving promotions is to pursue self-directed learning. The best choice is B.
Technical skill: what is it?Technical skills are the specialized knowledge and expertise required in specific contexts to carry out specific activities and utilise particular equipment and programs.
Diverse technical abilities are required in practically every sector and industry, from information technology and corporate administration to health care and education.
When you ask for feedback on your abilities and use it to inform your improvement, this is essentially consistent improvement.This is the most crucial factor for maintaining employment and receiving promotions because the market, particularly TI, is constantly changing and we are never finished products. By pursuing self-directed learning, we keep the lead.
To know more about employment visit:-
https://brainly.com/question/1361941
#SPJ4
on january 1, 2024, white water issues $520,000 of 5% bonds, due in 15 years, with interest payable semiannually on june 30 and december 31 each year. assuming the market interest rate on the issue date is 6%, the bonds will issue at $469,041.
Since the market value is equal to the face value (bond rate equals the market rate) ,so the Market interest is 15600.
Issue Entry
Date
1. Record the Bond Issue
Jan 1 2021
Cash 469041
Discount on Bonds Payable 50959
To Bonds Payable 520000
(Record the Issue of the Bond with Discount)
Journal entries for interest Payment
2. Record the interest payment and amortization
Date
June 30 2021
Interest Expenses 14071
Discount on Bonds Payable 1071
To Cash 13000
(Record the interest Expense and amortization of Discount)
3. Record the second interest payment and amortization
Date
Dec 31 2021
Interest Expenses 14130
Discount on Bonds Payable 1103
To Cash 13000
(Record the interest Expense and amortization of Discount)
Since the market value is equal to the face value (bond rate equals the market rate)
Any discount or premium won't be taken into account by the business.
The coupon payment will be equal to the market interest cost.
Since the rate is 6% each year, we divide by two.
obtaining the semiannual rate
0.06/ 2 = 0.03
Cash gains and interest costs
520,000 x 0.03 = 15600
To know more about Market interest visit:
https://brainly.com/question/13372893
#SPJ4
Joe is developing the marketing mix for his company's new line of power tools. A brand name, price, and distribution system have been decided. Now Joe is concentrating his efforts on developing the best advertising plan for the product line. The advertising plan is part of Joe's __________ strategy.
Promotion
Joe is focusing his efforts on creating the most effective marketing strategy again for product line. Joe's "Promotion strategy" includes the advertising strategy.
Explain the term Promotion strategy?The part of decision-making that deals with selecting the best combination of advertising, product promotion, personal selling, and publicity for a company's target market communications.
Companies utilize promotional strategy as a tool to market, promote, and sell their products. A corporation decides on its marketing strategy depending on a variety of variables, including the type of product, marketing budget, target market, etc. It is essential to raise product awareness in order to boost sales.As the stated question-
For the new brand of power tools from his company, Joe is creating the marketing mix. The pricing, distribution method, and brand name have all been chosen. Joe is currently focusing his efforts on creating the most effective advertising strategy for the product range.Thus, the advertising strategy is a component of Joe's promotion plan.
To know more about the Promotion strategy, here
https://brainly.com/question/14772910
#SPJ4
What are the effects of trade protectionism?.
Trade protectionism leads to a better balance of trade and the protection of industries, but it also leads to a lack of choice
Trade protectionism is the economic practice of limiting imports from other nations using tools like import tariffs, import quotas, and a number of other governmental regulations. Protecting domestic industry from unfair foreign competition is the goal of trade protectionism. The possibility of an improved trade balance and the protection of homegrown growing sectors are benefits of trade protectionism.
However, protectionism also has its drawbacks. Inefficiencies in the economy and a lack of consumer choice are drawbacks. Other nations' retribution is another concern for countries. From an economic sense, trade protectionism is ineffective. According to the theory of comparative advantage, it is more effective for a nation to concentrate its production on the items for which it has a production advantage and import the ones for which it does not.
Read more about trade protectionism on:
https://brainly.com/question/27815479
#SPJ4
the market is currently at market equilibrium. if a binding price ceiling of p1 is imposed, by how much would the quantity demanded change?
When the government or a government agency establishes the maximum price for an item, that situation is known as a price ceiling.
When a price ceiling falls below the equilibrium price, it becomes legally binding.Equilibrate quantity provided to quantity demanded in order to determine the equilibrium price because at this point, both are equal.2P =300 -P\s3P =300\sP=100$100 is the equilibrium price$100 > $90. Price caps are therefore legally binding.Plug the value of P into the equation for quantity supplied to determine the quantity supplied.QS = 2(100) = 200.Plug the value of P into the equation for quantity demanded to determine the quantity demanded.QD =300 -100= 200 quantities demanded rise while supplies fall when the price is below the equilibrium price. A shortage arises as a result.
To know more about demand visit:
https://brainly.com/question/14789077
#SPJ4
What are the 5 characteristics of a mixed economy?.
The five most important characteristics of a mixed economy are:-
It safeguards private property, permits prices to be determined by the free market and the principles of supply and demand, is motivated by the self-interest of people, enables the government to protect both the people and the market and the government plays a significant part.
A mixed economy is an economic system wherein free markets and government involvement are able to coexist when it comes to resource distribution, commerce, and trade. A mixed economy encourages private initiative. There is freedom of choice. It ensures that income is distributed equitably. It ensures economic development. A mixed economy includes efficient production and allocation of resources, as well as improvement of social welfare.
Learn more about the mixed economy here
https://brainly.com/question/13467040
#SPJ4
ellis-clay is replacing a machine that has worn out. the replacement machine will not impact sales or operating costs and will not have any salvage value at the end of its five-year life. the firm has a tax rate of 22 percent, uses straight-line depreciation over an asset's life, ignores bonus depreciation options, and has a positive net income. given this, which one of the following statements is correct?
Your total cost of production is the sum of your fixed costs multiplied by the quantity you produced. After doing this, you will be paid your total fixed cost.
What Are Fixed Costs?No matter how well your company performs, fixed costs cannot be altered. No matter how much you produce or how much you sell, your company's overall fixed costs will remain constant.Fixed costs are the essential outlays that keep your company afloat. If you're seeking for strategies to increase your company's profitability right away, look elsewhere else since these costs can't be modified in the near future.Whether your business is experiencing great success or financial difficulties, fixed costs will mostly remain the same. Fixed costs don't change as production or sales change. Consider these as what you must pay, regardless of whether you sell any goods or services.To Learn more About Fixed Costs refer to:
https://brainly.com/question/20670674
#SPJ4
The _____ is an approach whereby an organization allocates its marketing mix resources to reach its target markets.
A strategic marketing process is an approach whereby an organization allocates its marketing mix resources to reach its target markets.
The steps of the strategic promoting method (mission, scenario analysis, promoting set up, promoting combine, and implementation and control) square measure completely different than the method for a particular promoting effort.
The strategic promoting designing method provides marketers the chance to gauge their business positioning of their competitors, and determine the techniques which will facilitate them reaching their target market, meet client wants, expand whole awareness and reach different promoting and business goals.
Remember, strategic promoting management involves creating strategic choices among your current promoting setup so as to maximize your setup. A decent example of this could be Apple and the way they market itself.
To learn more about the strategic marketing process, visit here
https://brainly.com/question/28257402
#SPJ4
ce is allocated 70 percent of all profits and losses with the remaining 30 percent assigned to robbins after interest of 7 percent is given to each partner based on beginning capital balances. on january 2, 2021, jeffrey invests $43,000 cash for a 20 percent interest in the partnership. this transaction is recorded by the goodwill method. after this transaction, 7 percent interest is still to go to each partner. profits and losses will then be split as follows: prince (50 percent), robbins (30 percent), and jeffrey (20 percent). in 2021, the partnership reports a net income of $12,000.
Price and Roobin's Partnership received additional investment from Jeffrey. This transaction is recorded by the goodwill method. The allocation of income and profit/loss at the end of 2021 is:
Prince Robbins Jeffrey Total
Income Allocation $6,000 3,600 2,400 12,000
Profit/loss (678) (1,762) (610) (3,050)
Goodwill Method is an investment method where a partner makes an investment not in the book value of the capital interest. Any differences between the investment and capital interest will be recorded as an intangible asset called goodwill.
We know that Jeffrey's investment is in 20% interest, hence the capitalized value because of Jeffrey investment is:
Capitalized value because of Jeffrey investment = $43,000/20%
Capitalized value because of Jeffrey investment = $215,000
Goodwill = Capitalized value - (initial capital value + Jeffrey Investment)
Goodwill = $215,000 - (150,000 + 43,000)
Goodwill = 215,000 - 193,000
Goodwill = 22,000
New capital status:
Prince Robbins Jeffrey Total
Initial Capital $80,000 70,000 0 150,000
Jeffrey's inv. 43,000 43,000
Goodwill 15,400 6,600 0 22,000
Ending Capital 95,400 76,600 43,000 215,000
% Profit/loss 50% 30% 20%
Interest 7% 6,678 5,362 3,010 15,050
Income allocation 6,000 3,600 2,400 12,000
Profit/loss (678) (1,762) (610) (3,050)
Learn more about Goodwill Method here: https://brainly.com/question/23798330
#SPJ4
if the united states cuts back on imports from foreign countries, the most likely result would be group of answer choices
As the US starts manufacturing goods that it previously imported, there will be a significant increase in employment.
The absence of a product or the fact that importing it is less expensive than producing it domestically are the two main reasons why a nation imports a given good. There is little doubt that the United States will start producing what it used to import if it reduces its reliance on imports from other nations. Numerous new jobs will be created as a result.
Why do nations trade?
In the sense that it can produce any good with less inputs (such as capital and labor) than other nations need to generate the same good, one country may be more fruitful than others in all things.
Such a nation would nevertheless profit from trading in accordance with its comparative advantage, selling goods in which its absolute advantage was greatest and buying goods in which its absolute advantage was relatively lower (even if still positive).
To learn more about Trade click here
brainly.com/question/29526955
#SPJ4
Max, who is single and age 30, provides you with the following information from his financial records for 2021. Regular income tax liability $77,794 AMTI 525,000 Taxable income 295,000 Calculate his AMT exemption for 2021. X - a. $73,600 b. $73,250 c. $350 d. $0
Max's alternative minimum tax (amt) exemption = $73,250 .
A tax is a mandatory rate or financial charge imposed by any government on a person or an employer in order to raise funds for public projects with adequate centers and infrastructure. Following that, exceptional public expenditure packages are financed with the accrued fund.
Any gross income that is used to determine how much tax you owe is referred to as taxable income. In plain English, it is your adjusted gross profits less any deductions. This includes any salaries, wages, tips, and bonuses received from employers. Investments and unearned income are included as well.
Learn more about tax here:
brainly.com/question/1775528
#SPJ4
What are the 4 ways banks make money?.
Despite the fact that banks are privately owned and profit-oriented businesses, public authorities have long acknowledged the significance of banking.
How do banks generate revenue?The spread, or the difference between the interest rates they pay on deposits and the interest rates they get on loans they make, is how they generate revenue.On the securities they own, they receive interest.For consumer services including checking accounts, financial planning, loan servicing, and the sale of other financial goods, they are compensated (e.g., insurance and mutual funds).borrowing funds from other banks or from customers who deposit money at the bank.To more learn about banks make money refer to:
https://brainly.com/question/14274576
#SPJ4
Bio-Sphere Ltd, a company which is a leader in green energy technology, contacted Clavin, a research consultant, proposing that if Clavin could perfect the technology for power storage, namely: "create a storage medium with 100% recharge/discharge properties within 24 months of the date of this correspondence," Bio-Sphere Ltd would pay Clavin $2 million for the technology. Eighteen months later, Clavin forwarded plans for an advanced battery with "100% recharge/discharge capabilities." Which of the following statements is correct? 1) Bio-Sphere Ltd has not made an offer since Clavin could only accept by performing 2) Bio-Sphere Ltd has not made an offer since it lacked intent. 3) If Bio-Sphere Ltd refuses to pay Clavin it will be in breach of contract. 4) No contract exists between Bio-Sphere Ltd and Clavin.
As a result, Bio - Sphere Ltd has made Clavin an offer to pay $2 million for the technology offered by Clavin within 24 months of the date of the letter.
According to the Contract Act, an offer is a commitment to do or stop from doing something in return for another thing. An offer must be made and delivered in such a way that a reasonable person would anticipate a technology legally enforceable agreement to result from its acceptance. A contract is created if there is either an explicit or an implied understanding. When Bio - Sphere Ltd an offer has been accepted and the offeree has informed the offeror, a contract is said to have been formed.
As a result, Bio - Sphere Ltd has made Clavin an offer to pay $2 million technology for the technology offered by Clavin within 24 months of the date of the letter. Clavin has submitted plans within the allotted time, which is 18 Bio - Sphere Ltd months. Thus, there is a contract between them, and a breach would occur if Bio-Sphere Ltd refused to give Clavin $2 million.
Learn more about Bio - Sphere Ltd here
https://brainly.com/question/24487209
#SPJ4
perimeter realty co. pays weekly salaries of $19,000 on friday for a five-day workweek ending on that day. question content area a. journalize the necessary adjusting entry at the end of the accounting period assuming that the period ends on tuesday. if an amount box does not require an entry, leave it blank. blank salaries expense salaries expense salaries expense salaries payable salaries payable salaries payable feedback area feedback partially correct question content area b. journalize the necessary adjusting entry at the end of the accounting period assuming that the period ends on thursday. if an amount box does not require an entry, leave it blank. blank salaries expense salaries expense 15,200 salaries expense salaries payable salaries payable salaries payable 15,200
The journal will be:
Salary expense Dr ($19,000 ÷ 5 days × 2 days) $7,600
To Salary payable $7,600
(Being salary expense is recorded)
Debit accounts receivable and credit billings on construction contract generally can be defined as the journal entry should be made to recognize accounts receivable for long-term construction projects. This journal entry is a "billings in excess of costs" or liability account.
The adjusting entry is performed below:
Salary expense Dr ($19,000 ÷ 5 days × 2 days) = $7,600
To Salary payable $7,600
(Being salary expense is recorded)
The question consist so much words that is similar. Here the simplify question.
Perimeter realty co. pays weekly salaries of $19,000 on friday for a five-day workweek ending on that day. question content area a. journalize the necessary adjusting entry at the end of the accounting period assuming that the period ends on tuesday. if an amount box does not require an entry, leave it blank.
Learn more about journal entry at https://brainly.com/question/20421012
#SPJ4
What mrp term is defined as being difference between the gross requirements and the currently available inventory?.
The components and materials needed to make a specific product are determined by a system known as material requirements planning (MRP).
In inventory management, what separates the gross requirement from the net requirement?A gross requirement plan is a plan that displays the total demand for a product and also indicates when production should begin to meet its requirements. A net requirement plan accounts for on-hand inventory and scheduled receipt at each level.
What distinguishes MRP and ERP from one another?The primary difference between ERP and MRP is that while MRP systems are primarily concerned with materials management, ERP systems support the planning and automation of a variety of back-office business functions. ERP has a direct impact on all areas of business including planning, accounting, manufacturing, supply chain, customer management, and quality.
To know more gross requirements visit:-
https://brainly.com/question/29425505
#SPJ4
Problem 12 Intro You want to borrow $800,000 from your bank to buy a business. The loan has an annual interest rate of 8% and calls for equal annual payments over 10 years (starting one year from now), after which the loan is paid back in full. Part 1 What is the annual payment you have to make? B Attempt 1/10 for 10 pts No decimals Submit HM Problem 14 Intro You just turned 23 years old and want to retire when you turn 65. You plan to put $3,400 every year into a ROTH IRA, a retirement account from which you can withdraw money after retirement without having to pay any taxes. You expect to earn a return of 5% on your investments every year. I 8 Attempt 1 /10 for 12 pts. - Part 1 How much money can you expect to have at age 65 if you make your first deposit now and your last one on the day you turn 64? No decimals Submit Part 2 How much money can you expect to have at age 65 if you make your first deposit 10 years from now (at age 33) and your last one on the day you turn 64? BAttempt 1/10 for 10 pts No decimals
Your annual payment of $119,223.59 you have to make.
The interest rate per annum is 8%.
How Do Interest Rates Work?
The amount a lender charges a borrower is called an interest rate, and it is expressed as a percentage of the principal or the lent amount. Typically, a loan's interest rate is expressed as an annual percentage rate, or APR (APR).
A savings account or certificate of deposit earnings with a bank or credit union may also be subject to an interest rate (CD). The interest received on these deposit accounts is measured in annual percentage yields (APY).
Know more about annual percentage yields https://brainly.com/question/27997520
#SPJ4
