Archer, in Chicago, wrote to Ganze in New York City offering to purchase her antique car. When she received the letter, Ganze mailed an acceptance. After she mailed the letter, Ganze changed her mind and sent a telegram rejecting the offer. The acceptance letter reached Archer one day before the telegram. Did a contract result

Answers

Answer 1

Answer:

No

Explanation:

Remember, in business law, as long as both parties did not sign a contractual document, the purchase is not legal.

In this case, it could be observed that Ganze only "mailed an acceptance" not a signed document between both parties agreeing on the purchase of her antique car.

Also, the fact that she quickly sent a telegram letting  Archer know that she is rejecting the offer, shows that she acted in good fate to withdraw her acceptance on time.


Related Questions

Which company is most easily able to outsource its operations and have its good or service produced in another country

Answers

Answer:

d. Queen’s Quilts

Explanation:

Options are "Hannah’s Hair Salons, Busker Baseball Team , Darling Dentistry , Penelope’s Fresh Pretzels , Queen’s Quilts"

a. Salons, Dentistry : these are services which cannot be outsourced partly or fully.

b. Baseball team: It is a sports team which cannot operate partly in another country.

c. Pretzels: These are freshly baked pastries or food items which needs to be made fresh , so cannot be outsourced.

d. Quilts: These are textile which can be produced in countries having cheap labor .

Price discrimination: Multiple Choice tends to decrease the profits of the competitive firm. is more successful if one consumer can resell the product to another. can benefit consumers with a lower willingness to pay as compared to other consumers in the market. can be a successful strategy for any firm in a competitive market.

Answers

Answer:

can benefit consumers with a lower willingness to pay as compared to other consumers in the market.

Explanation:

Price discrimination occurs when a supplier sells a product to different customers at different prices.

The criteria for discrimination can be as a result of income, social class, demographics and so on.

Price discrimination is not a good strategy in a competitive market as consumers will move to other suppliers when the price is not conducive.

However a consumer who is less willing to buy the product can benefit from this because the supplier is open to lowering the price depending on certain criteria

Production Budget
Pasadena Candle Inc. projected sales of 72,000 candles for January. The estimated January 1 inventory is 3,600 units, and the desired January 31 inventory is 7,000 units. Prepare a production budget report in units for Pasadena Candle Inc.
Pasadena Candle Inc.
Production Budget
For the Month Ending January 31
Expected units to be sold 800,000
Desired ending inventory, December 31 20,000
Total units available 350,000
Estimated beginning inventory, January 1 35,000
Total units to be produced 785,000

Answers

Answer and Explanation:

The preparation of the production budget is presented below:

                                     Production budget

Expected units to be sold   800,000

Add: Desired ending inventory, December 31 20,000

Total units available  820,000

Less: Estimated beginning inventory, January 1 -35,000

Total units to be produced 785,000

We simply added the ending inventory and deduct the beginning inventory to the units sold

From the below-mentioned research paragraph, extract the following information:

I. Identify the research gap.
II. Identify the research objective of the study.
III. On the basis of the research, the objective suggests the research question of the study.
IV. Identify the theory used in the study.
V. Suggest a title for this research paragraph.


Retaining employees is one of the critical issues faced by the organization all over the globe for many years, that how to retain some of the skilled and knowledgeable employees in the organization who can add value to their organizational performance. However, this worry is explained well enough by the cost that indulges to substitute employees who leave the organization and problems that they face while attracting and hiring a new employee. Now, in most of the countries, some employees could not be able to fill out some vacancies which are with higher difficulty is the real sad back in the development of their career. Therefore, in such a scenario, human resource management practices gain vital importance to assist in reducing turnover intentions. (Fabi, Lacoursiere & Raymond, 2015)
In previous studies, AMO model (ability, motivation, and opportunity) the human resource practices were studied as in three other dimensions that are, the first bundle of the bundle of practice connected with the skill level of an employee, second bundle of practice was related with the motivation-enhancing and the third one was linked with the extent of opportunity one employee could get to contribute (Jiang, Lepak, Hu & Baer, 2012). Moreover, in this study, these 3 bundles of human resource practices are redefined as one set with the name of high-performance work practices. This research aims to study the impact of three sets of practices at the individual level on the employee intention to leave which explains a high-performance work system at the one side and employee intention to leave on the other side. Previously, researchers didn’t aim to study the whole effect of individual human resource practices on the employee quit intentions.
The banking sector of Pakistan is consists of thirty-one banks including five representing the public sector and four banks are from abroad, the remaining twenty-two banks are registered as private banks. Moreover, the majority of the banking business is derived from a few selected banks that have perfect competition among them. Six banks are having a major part of banking skills in Pakistan. Generally, these banks collectively hold 57% of deposits and contribute up to 53% of the economy of Pakistan. Additionally, the state bank of Pakistan is the regulatory authority of the banking sector in Pakistan, and further, it gives direction to commercial banks. Overall, the volume of this sector is on a larger scale but against 195 million of the population, only 43 million bank accounts are registered; this is considered a huge gap due to lack of technology knowledge, and some religious groups perceive the concept of conventional banking is against Sharia.

Answers

Answer:

Retaining employees is one of the critical issues faced by the organization all over the globe for many years is explained below in details.

Explanation:

The fundamental purpose of this research is to spin out the hollows recognized with measures for the dependability of delegates in the financial sector of Pakistan by examining the effect of an elite work structure (abilities growing, motivation upgrading, and opportunity upgrading) on operator goal to forget with the intermediary influence of procedural justice.

The investigation gap is how the banks in Pakistan going to continue the operators in the country and by employing what methods or models of research.

Answer-II

The primary investigation purpose is beyond, this investigation is zeroing in on the new concept of human asset the board practices. Before, we have seen.

This examination investigates the relationship between elite work structures on worker expectation to leave.

Answer-III

Opportunity promoting is commonly used with the AMO model, which is the proposed model of this examination however having said that open door as an independent variable changed client support directly with the interceding function of passionate performance in past research.

Answer-IV

This examination employs social trade theory, to quantify the problems concerning the standard for dependability in the monetary area of Pakistan.

Answer-V

"New Research to discover the worker maintenance in Pakistan banks"

Pina Corporation sells rock-climbing products and also operates an indoor climbing facility for climbing enthusiasts. During the last part of 2017, Pina had the following transactions related to notes payable.

Sept. 1 Issued a $16,800 note to Pippen to purchase inventory. The 3-month note payable bears interest of 8% and is due December 1. (Pina uses a perpetual inventory system.)
Sept. 30 Recorded accrued interest for the Pippen note.
Oct. 1 Issued a $21,600, 9%, 4-month note to Prime Bank to finance the purchase of a new climbing wall for advanced climbers. The note is due February 1.
Oct. 31 Recorded accrued interest for the Pippen note and the Prime Bank note.
Nov. 1 Issued a $26,400 note and paid $8,800 cash to purchase a vehicle to transport clients to nearby climbing sites as part of a new series of climbing classes. This note bears interest of 7% and matures in 12 months.
Nov. 30 Recorded accrued interest for the Pippen note, the Prime Bank note, and the vehicle note.
Dec. 1 Paid principal and interest on the Pippen note.
Dec. 31 Recorded accrued interest for the Prime Bank note and the vehicle note.

Required:
Prepare journal entries for the transactions noted above.

Answers

Answer:

Pina Corporation

Journal Entries:

Sept 1:

Debit Inventory $16,800

Credit Notes Payable (Pippen) $16,800

To record the issue of a 3-month note payable with interest of 8%

Sept. 30:

Debit Interest Expense on Note ($16,800 * 8%/12) $112

Credit Interest Payable $112

To accrue interest for the note payable.

Oct. 1:

Debit  Equipment (Climbing Wall) $21,600

Credit Notes Payable (Prime Bank) $21,600

To record the issue of a 4-month note, with 9% interest.

Oct. 31:

Debit Interest Expense on Note ($16,800 * 8%/12) $112

Credit Interest Payable $112

To accrue interest for the note payable.

Debit Interest Expense on Note ($21,600 * 9%/12) $162

Credit Interest Payable $162

To accrue interest for the note payable.

Nov. 1:

Debit Vehicles $35,200

Credit Notes Payable $26,400

Credit Cash $8,800

To record the purchase of a vehicle via a 12- month notes payable at 7% interest.

Nov. 30:

Debit Interest Expense on Note ($16,800 * 8%/12) $112

Credit Interest Payable $112

To accrue interest for the note payable.

Debit Interest Expense on Note ($21,600 * 9%/12) $162

Credit Interest Payable $162

To accrue interest for the note payable.

Debit Interest Expense on Note ($35,200 * 7%/12) $205

Credit Interest Payable $205

To accrue interest for the note payable.

Dec. 1:

Debit Notes Payable (Pippen) $16,800

Debit Interest Payable $336

Credit Cash $17,136

To record the payment of Notes to Pippen with interest.

Dec. 31:

Debit Interest Expense on Note ($21,600 * 9%/12) $162

Credit Interest Payable $162

To accrue interest for the note payable.

Debit Interest Expense on Note ($35,200 * 7%/12) $205

Credit Interest Payable $205

To accrue interest for the note payable.

Explanation:

The general journal is used to record transactions as they occur while the general ledger records details about each account and summarizes the balances at the end of the accounting period into the trial balance.  Accounting records are based on the double-entry system and follow the accounting equation of Assets = Liabilities + Equity.  Every business transaction  at Pina Corporation involves two or more accounts.  One or two are debited or credited, as the case may be.  

Dissatisfaction with public school education has led many parents to try home schooling for their children. If parents reduce their work from a full-time to a part-time load in order to spend time teaching their children at home, how will this affect GDP?

a. Real GDP will increase and nominal GDP will decrease a
b. Both real and nominal GDP will increase.
c. GDP will stay the same
d. GDP will decrease.

Answers

Answer:

d. GDP will decrease.

Explanation:

GDP: In economics, the term "GDP" is also referred to as "Gross domestic product", and is described as the standard measure of the value being added and is created via the production of services and goods in a particular country during a specific period. Along with this, GDP also measures the income received or earned by those production in the country, or the total amount that is being spent on the final services and goods.

In the question above, the correct answer is option-d.

Your company expects to receive 5,000,000 Japanese yen 60 days from now. You decide to hedge your position by selling Japanese yen forward. The current spot rate of the yen is .0089 USD/JPY, while the forward rate is .0095 USD/JPY. You expect the spot rate in 60 days to be .0090 USD/JPY. How many dollars will you receive for the 5,000,000 yen 60 days from now?

Answers

Answer:

$47,500

Explanation:

Calculation for How many dollars will you receive

Using this formula

Dollar to receive=Expected Japanese yen×Forward rate

Let plug in the formula

Dollar to receive= ¥5,000,000 x $.0095/¥

Dollar to receive= $47,500

Therefore the amount of dollars will you receive will be $47,500

When you draw Refine marks, the lines essentially indicate __________ to keep or remove in the background.

Answers

Answer:

Colors

Explanation:

Sudoku Company issues 26,000 shares of $7 par value common stock in exchange for land and a building. The land is valued at $230,000 and the building at $374,000. Prepare the journal entry to record issuance of the stock in exchange for the land and building.

Answers

Answer:

Dr Land 230,000

Dr Building374,000

Cr Common stock $7 par value 182,000

Cr Paid-in capital in excess of parvalue, common stock 422,000

Explanation:

Preparation of the journal entry to record issuance of the stock in exchange for the land and building.

Dr Land 230,000

Dr Building374,000

Cr Common stock $7 par value 182,000

(26,000 shares x $7 par)

Cr Paid-in capital in excess of parvalue, common stock 422,000

Calculation for Paid-in capital in excess of par value, common stock

Paid-in capital in excess of par value, common stock=(230,000 + 374,000) – 182,000

Paid-in capital in excess of par value, common stock=604,000-182,000

Paid-in capital in excess of par value, common stock= 422,000

5. Suppose you are working in a ceramics factory and you are constructing control chart for an critical feature with batches of very fragile parts that common get broken during the measurements. You always start with 8 parts, but sometimes a few of them are broken while measuring them. What type of control chart would you construct and why

Answers

Explanation:

Analyzing the above scenario, the ideal type of control chart for construction would be the EWMA control chart integrated with the VSS and VSI control, because unlike traditional charts, it considers the variable sample size (VSS) and the variable sampling interval ( VSI) and therefore are more effective in considering the variations in the process in the control, which was what happened in the question above, since during the process of building the control chart there are some changes resulting from the breaking of the ceramic pieces, so it is ideal to build a graph that detects the changes in a more complete way.

In an effort to avoid recession, the government implements a tax rebate program, effectively cutting taxes for households. We would expect this to:_______. A. affect neither aggregate supply nor aggregate demand. B. increase aggregate demand. C. reduce aggregate demand. D. reduce aggregate supply.

Answers

Answer:

B. increase aggregate demand.

Explanation:

A recession can be defined as a period of significant fall in the economic performance such as employment, production, income level, sales of goods and services etc, of a particular country lasting over a few months.

In an effort to avoid recession, the government implements a tax rebate program, effectively cutting taxes for households. Thus, we would expect this to increase aggregate demand.

Aggregate demand (AD) can be defined as the total quantity of output (final goods and services) that is demanded by consumers at all possible price levels in an economy at a particular time.

On a standard Aggregate demand (AD)-Aggregate supply (AS) curve, the y axis denotes the Price (P) of goods and services while the x axis typically denotes the Output (Q) of final goods and services.

In the short-run, a rightward shift in the aggregate supply (AS) curve causes output to increase and result in a price fall (lower price) while a rightward shift in the aggregate demand (AD) curve also cause output to increase and rise in prices.

The short-run nominal fluctuations basically cause a change in the level of production. In the short-run, as a result of a shift in the aggregate supply; an increase in money consequently to result in increase the level of production (output).

Hence, more goods are produced as a result of the increased output (supply) and more goods would be purchased as a result of their lower prices.

Gordon Company started operations on January 1 of the current year. It is now December 31, the end of the current annual accounting period. The part-time bookkeeper needs your help to analyze the following three transactions:

a. During the year, the company purchased office supplies that cost $2,300. At the end of the year, office supplies of $670 remained on hand.
b. On January 1 of the current year, the company purchased a special machine for cash at a cost of $23,500. The machine's cost is estimated to depreciate at $2,350 per year.
c. On July 1, the company paid cash of $840 for a two-year premium on an insurance policy on the machine; coverage began on July 1 of the current year.

Answers

Answer:

Gordon Company

Analysis of Transactions at December 31:

a. Office Supplies $670 (DR)

  Office Supplies Expense $1,630 (DR)

b. Equipment $23,500 (DR)

   Accumulated Depreciation on Equipment $2,350 (CR)

   Depreciation Expense - Equipment $2,350 (DR)

c. Prepaid Insurance $630 (DR)

   Insurance Expense $210 (DR)

Explanation:

1. The Office Supplies Account will be debited with $2,300 and credited with $1,630 ($2,300 - $670) as Office Supplies Expense (used supplies) for the year.  This will leave a debit balance of $670 in the account.

2. The equipment account will be maintained at its cost, while a contra account (accumulated depreciation) is created to accumulate the depreciation expenses over the years.  The useful life of the equipment is 10 years ($23,500/$2,350) with an annual depreciation expense of $2,350.

3. The Prepaid Insurance Account will be debited with $840 and credited with $210 ($840/4) representing Insurance that expired during the year for six months.  The balance of $630 is carried forward for the remaining one and half years.

If a check correctly written and paid by the bank for $635 is incorrectly recorded on the company's books for $653, the appropriate treatment on the bank reconciliation would be to:_______

a. add $45 to the book's balance.
b. deduct $549 from the book's balance.
c. subtract $45 from the book's balance.
d. deduct $45 from the bank's balance.

Answers

Answer:

a. add $45 to the book's balance

Explanation:

In a situation where a check which was correctly written and as well paid by the bank for the amount of $638 was incorrectly recorded as the amount of $683 on the company's books which means that the appropriate treatment on the bank reconciliation statement would be to add the amount of $45 ( $683-$638) to the book's balance.

A ________ is an unsecured bond, and most of the bonds sold today in the United States are of this type.A) mortgage bondB) debentureC) senior bondD) bond indenture

Answers

Answer:

B) debenture

Explanation:

A bond refers to a debt or fixed investment security, in which a bondholder (creditor or investor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time.

Generally, the bond issuer is expected to return the principal at maturity with an agreed upon interest to the bondholder, which is payable at fixed intervals.

A debenture is an unsecured bond, and most of the bonds sold today in the United States are of this type because it's a long-term security that yields fixed rate of interest.

An annuity pays $500 every six months for 5 years. The annual rate of interest is 8% convertible semiannually. Find each of the following: (a) The PV of the annuity six months (one period) before the first payment, (b) the PV of the annuity on the day of the first payment, (c) the FV of the annuity on the day of the last payment, (d) and the FV of the annuity six months after the last payment.

Answers

Answer:

(a) The PV of the annuity six months (one period) before the first payment,

PV ordinary annuity = $500 x 8.1109 (PV annuity factor, 10 periods, 4%) = $4,055.45

(b) the PV of the annuity on the day of the first payment,

PV annuity due = $500 x 8.43533 (PV annuity due factor, 10 periods, 4%) = $4,217.67

(c) the FV of the annuity on the day of the last payment,

FV = $500 x 12.00611 (FV annuity factor, 4%, 10 periods) = $6,003.06

(d) and the FV of the annuity six months after the last payment.

FV = $6,003.06 x (1 + 4%) = $6,243.18

Countries belonging to a ________ maintain whatever policies they see fit against nonmember countries.a) economic union.b) customs union.c) common market.d) free trade area.

Answers

Answer:

d) free trade area.

Explanation:

A free trade area refers to a region which comprises of a group of countries that have signed a free trade agreement to eliminate or reduce (limit) tariffs and non-tariffs or quotas among them.

A trade agreement can be defined as a pact or treaty signed between two or more countries to encourage the free flow (import and export) of goods and services among its members, as well as eliminating or reducing trade barriers such as quotas, tariffs on goods traded.

Trade agreements can cause jobs to go to countries that provide those jobs efficiently because all business entities or firms want to have competitive advantage over its rivals. Thus, business owners who have signed a treaty with other countries would tend to outsource or recruit workers from countries that provide their services efficiently.

Hence, countries belonging to a free trade area maintain whatever policies they see fit against nonmember countries

XYZ Corporation, whose common stock is currently selling for $40 per share, is having a rights offering. The terms of the offering require 10 rights plus $35 to subscribe to one share of stock. Compute the theoretical value of a right before the ex-rights date.

Answers

Answer:

$0.45

Explanation:

Computation for the theoretical value of a right before the ex-rights date

Using this formula

Theoretical value=(Common stock-Required offering subscription shares)÷(Offering require right+1)

Let plug in the formula

Theoretical value= ($40 ‒ $35) ÷ (10+1)

Theoretical value= $5.00 ÷ 11

Theoretical value=$0.45

Therefore the theoretical value of a right before the ex-rights date will be $0.45

For which capital component must you make a tax adjustment when calculating a firmâs weighted average cost of capital (WACC)?

a. Debt
b. Preferred stock
c. Equity

Answers

Answer:

a. Debt

Explanation:

For determining the weighted average cost of capital we used the after tax cost of debt as the interest expense is the tax deductible that represents that if there is any issue of debt so it would be decreased as of tax impact

Therefore as per the given situation, the debt is selected

hence, the option a is correct

And, all the other options are wrong

The First National Bank recently acquired three mortgages from the failed Fargo Bank. It estimates that the chances of these mortgages being repaid are 0.6, 0.4, 0.25. Assuming independence, fine the probability that:_________.

Answers

Answer:

a. 0.06

b. 0.18

Explanation:

a) all of them will be repaid

b) none of them will be repaid

P1 = 0.6, P2= 0.4, P3 = 0.25

a. The Probability that all will be repaid = (P1∩P2∩P3)

= P1 * P2 * P3 (Since independent)

= 0.6*0.4*0.25

= 0.06

Thus, the Probability that all will be repaid is 0.06

b. The Probability that none of them will be repaid  = (1-P1)*(1-P2)*(1-P3)

= (1-0.6)(1-0.4)(1-0.75)

= 0.4 * 0.6 * 0.75

= 0.18

Thus, the Probability that none of them will be repaid is 0.18

Paul agrees to sell his clothing store to Michael and, as part of the sale, to execute a covenant not to compete promising not to open a similar store within one thousand miles for the next twenty years. A court reviewing the terms of the covenant would likely find that it is:________. a) unenforceable because all covenants not to compete are unreasonable. b) unreasonable as to both geographical scope and duration c) unreasonable with regard to duration d) enforceable

Answers

Answer:

d) enforceable

Explanation:

A court reviewing the terms of the covenant would likely find that it is enforceable. This is a standard clause found in many contracts and is also known as Non-compete clause. It is standard because a seller that has the experience of running a similar business can sell the business collect the profit from the sale and open create another similar business with little to no capital and quickly outperform their previous business due to the amount of experience that they have. In order to prevent this, many buyers require this clause to be added to the sales contract.

Spiro Corp. uses the sum-of-the-years' digits method to depreciate equipment purchased in January year 1 for $20,000. The estimated salvage value of the equipment is $2,000 and the estimated useful life is four years. What should Spiro report as the asset's carrying amount as of December 31, year 3

Answers

Answer:

Carrying value on Dec 31, Year 3= $3,800

Explanation:

Depreciable amount = Cost -  Salvage Value

Depreciable amount  = 20,000-2,000

Depreciable amount = $18,000

Sum of years’ digits = 1+2+3+4 = 10

Depreciation for Year 1 = 18,000*4/10 = 7,200

Depreciation for Year 2 = 18,000*3/10 = $5,400

Depreciation for Year 3 = 18,000*2/10 = $3,600

Carrying value on Dec 31, Year 3 = Purchase cost - Depreciation

Carrying value on Dec 31, Year 3 = $20,000 - $7,200 - $5,400 - $3,600

Carrying value on Dec 31, Year 3= $3,800

Burnett Corp. pays a constant $8.90 dividend on its stock. The company will maintain this dividend for the next 12 years and will then cease paying dividends forever. If the required return on this stock is 11 percent, what is the current share price?

Answers

Answer:

Price today = $57.78196973 rounded off to $57.78

Explanation:

The dividends paid by the stock can be said to be in the form of an annuity as the dividend payment is constant, it occurs after equal interval of time and it is expected for a finite or limited period of time. These satisfy the conditions of being an annuity. We assume that the dividend are paid at the end of the year and this is in form of an ordinary annuity.

To calculate the present value of the stock today, we will use the formula for present value of ordinary annuity. The formula for present value of annuity is attached.

Price today = 8.9 * [ (1 - (1+0.11)^-12) / 0.11 ]

Price today = $57.78196973 rounded off to $57.78

Which of the following is a type of liability?

Answers

Answer:

Accounts Payable

Explanation:

Accounts Payable is the amount of money owed to its investors/creditors. Thus creating debt for the company, creating a liability.

Suppose Shaan invested just $10,000 of his own money and had a $90,000 mortgage with an interest rate of 8.5 percent. After three years, he sold the property for $120,000.
(a) What is his gross profit?
(b) What is his net profit or loss? (Input the amount as a positive value.)
(c) What is the rate of return on investment? (Negative amount should be indicated by a minus sign. Enter your answer as a percent rounded to 2 decimal places.)

Answers

Answer:

a. $20,000

b. -$2,950

c. -29.50%

Explanation:

The computation is shown below:

a. Gross Profit is

= Sale value of Property - Invested amount - Mortgage amount

= $120,000 - $10,000 - $90,000

= $20,000

b. Net Profit

= Gross profit - number of years × mortgage amount × rate of interest

= $20,000 - 3 × $90,000 × 8.5%

= -$2,950

And,

c) Rate of return  is

= Net profit ÷ invested amount

= -$2,950 ÷ $10,000

= -29.50%

GAAP require state and local governments to include in their annual financial reports a budget-to-actual comparison showing actual results and original and final appropriated budgets. What are the advantages of requiring both the original and final appropriated budget amounts?

Answers

Answer:

The advantages of requiring both the original and final appropriated budget amounts are:

1. It enables comparison of original (static) budget with the final (flexible) budget.

2. From the comparison, management assesses performances based on actual performance versus original and final budgets respectively.

3. The significant changes based on the level of activity are easily determined.

Explanation:

The use of original and final budgets helps in the comparison with actual performance.  It clearly shows the effect of the level of activity on budget performance.

To make effective decisions in​ today's fast-moving​ world, managers need to​ ________.

Answers

Know when it’s time to call it quits.

Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 33,000 shares authorized, 16,800 shares issued, and 13,200 shares of common stock outstanding. The journal entry to record the dividend declaration is:

Answers

Debit Retained earnings $6,600, Credit Common dividends payable $6,600

Logano Driving Schoolâs 2017 balance sheet showed net fixed assets of $2.4 million, and the 2018 balance sheet showed net fixed assets of $3.3 million. The companyâs 2018 income statement showed a depreciation expense of $319,000.What was net capital spending for 2018? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)

Answers

Answer:

$1,219,000

Explanation:

Calculation for the net capital spending for 2018

Using this formula

2018 Net capital spending=(2018 Net fixed assets-2017 Net fixed assets)+Depreciation expense

Let plug in the formula

2018 Net capital spending=($3,300,000-$2,400,000)+$319,000

2018 Net capital spending=$900,000+$319,000

2018 Net capital spending=$1,219,000

Therefore the 2018 Net capital spending will be $1,219,000

Do mountains last forever?

Answers

Answer:

no eventually they die

Answer:

no mountains do not last forever..

Explanation:

the reaseon for that is root wedging and weathering of rocks

Effective teams have confidence in themselves and believe they can succeed. This confidence is called ________.
A) social facilitation
B) goal congruence
C) social loafing
D) team efficacy
E) self-serving bias

Answers

Answer:

D) team efficacy

Explanation:

Team efficacy can be defined as the joint or collective beliefs that the members of a team have in its capacity to effectively execute a specific project or task, accomplish its organizational set goals and objectives through the use of team efforts and skills.

Hence, effective teams have confidence in themselves and believe they can succeed. This confidence is called team efficacy because all the members of the team bring their own skills, viewpoints, experience, knowledge to achieve success.

Other Questions
If a train travels 1,600 km in 16 hours, how fast is it moving? To change Celsius temperatures to Fahrenheit temperatures, you can use the formula F = 95C + 32. Which answer is the best first step to solve the equation for C? Have you ever wondered what swims in the deepest parts of the world's oceans? Well, we just got a better idea about one mysterious creature of the deep ocean: the giant squid. Just recently a Japanese film crew managed to film a giant squid swimming in its natural habitat. They managed to lure it to their cameras with bait after many hours of waiting and searching two thousand feet below the surface of the Pacific Ocean. The giant squid is truly a giant. It can grow up to 50 feet in length, with tentacles making up most of this great length. For comparison, 50 feet is about as long as most school buses. Imagine meeting something the size of your school bus in the deep dark ocean and you might get an idea what it is like to meet a squid. Over the centuries, many squid specimens have been found, but it's hard to get an idea of how the squid lives because it typically cruises in the deepest depths of the ocean. We know that the giant squid's main predator is the sperm whale. We know this because bits of giant squid have been found in the stomachs of sperm whales. We also know they feed on deep-sea fish and other squid. We know this because of all the giant squid that have washed ashore. The giant squid lives in all of the world's oceans, though few are found in the tropics or the Arctic waters. As a result, stories of giant squid were told among sailors for hundreds of years. These sightings must have been frightening and may be the source for the legend of the Kraken, a sea monster reputed to be as large as an island and capable of eating an entire ship. Based on the bolded paragraph, what does the author suggest by comparing a squid to a school bus? Paula compra ________ para sus orejas para la boda de su ta.Answer choices are: los aretes los labiales las pulseras las sombras How do they present different challenges for each character? the refugee storyPlease help me. Use the drop-down menus to complete the sentences about Buddhist teachings.The good and bad deeds that people do determine their .The rebirth of a person after death is called .A person is reborn over and over until reaching Choose a system of equations with the same solution as the following system: 4x 2y = 6 2x + y = 5 A) 4x 2y = 10 2x 3y = 21 B) 4x + 2y = 10 10x + y = 21 C) 4x 5y = 1 2x 6y = 10 D) 3x + 2y = 6 9x + y = 17 10x+36-38x-47 I don't understand this question i am so confused please explain i would be really thankful. Please help me out! :(Who made most of a Vikings helmet? A) Carpenter B) Blacksmith C) Leather worker D) Craftsperson HELP ASAPWhat is a taille? Why was there a discrepancy between the poor and the nobility?(Its the french revolution unit btw) Which of the following is the mean of the sampling distribution In Act V, Scene I, Lady Macbeth feels most guilty about two murders; the murder of King Duncan and the murder of Lady Macduff and her children.TRUE or FALSE? Claim: Which type of reproduction is more beneficial to a speciesAsexualSexual (Java) Meadowdale Dairy Farm sells organic brown eggs to local customers. It charges $3.25 for a dozen eggs, or 45 cents for individual eggs that are not part of a dozen. Write a program that prompts a user for the number of eggs in the order and then display the amount owed with a full explanation using the following wording: You ordered 27 eggs. Thats 2 dozen at $3.25 per dozen and 3 loose eggs at 45 cents each for a total of $7.85.import java.util.Scanner;class Eggs { public static void main(String[] args) { // Write your code here }} 15 POINTS!Which of the following was one of Toussaint Louverture's most important accomplishments? A. He led revolutions throughout the northern part of South America. B. He helped free Brazil from French and Spanish control. C. He led the Haitian independence movement and ended slavery on the island. D. He helped liberate Argentina, Chile, and Peru from Spanish rule. Which value of x makes this equation true? 35 + 42 = 12 + x Adam Levine wants to buy a new outfit for the Voice. The suit he wants is priced at $300but it is on sale for 22% off. What discount would Adam get if he buys the suit?He would get a discount of $HELP! solve the question, thank you x2-6x+3 can be written in the form of (x+m)2 +n find the value of m and n a line passes through the point (-6,4) and has a slope of 5/2