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2 years ago

Which of the following circumstances is (are) not an acceptance of the goods by the buyer

Business

1 answer:

Tanzania [10]2 years ago

7 0

Complete question:

Which of the following circumstances is (are) not an acceptance of the goods by the buyer?

a.Payment by the buyer

b.After a reasonable opportunity to inspect the goods, the buyer lets the seller know that the goods are conforming

c.The buyer's failure to make an effective rejection

d.The buyer does an act that is inconsistent with the seller's ownership

e.None of the above

Answer:

Payment by the buyer

Explanation:

According to the UCC, approval takes place where the buyer: after a reasonable chance of inspecting the products, the vendor shows that the goods adhere to or[ or] will be accepted by him given any non-conformity. Does not deny the goods within a fair inspection time; It works in a manner incompatible with ownership of the goods by the seller.

Section 2–602 states that a refusal shall be made within a reasonable period of time following the delivery of the goods and furthermore, the buyer shall, in a reasonable manner, notify the seller of the refusal in a seasonal manner (reasonably swiftly).

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In 3-4 sentences describe how economic liberty helps water the "money tree" in a free enterprise.

il63 [147K]

Answer:

It helps giving you the ability to choose what you think is best for your business

Explanation:

Vic, using the money tree metaphor is awesome in order to explain. Think about your free enterprise (let’s say… a store that sells trees!).

What you need in order to start and run a business? A place to sell those trees, employees, products, infrastructure, etc., and capital to fund all that. All that business plans and models that you will develop in order to have a successful business will require that you make economic decisions, actions. And, in order to make those decisions, you need economic liberty, which is exactly the ability one has to make economic decisions without political, economic or social blocks.

Imagine that in your region you can only sell trees with red leaves, or your trees are taxed much more than trees coming from overseas, or that employment law requires that no employee gets near a plant (who knows, it could be to prevent allergic season!). That would make super hard to develop your business right?

That’s how economic liberty could help you grow your money tree; into giving you the ability to choose what you think is best for your business.

6 0

2 years ago

FCOJ, Inc., a prominent consumer products firm, is debating whether or not to convert its all-equity capital structure to one th

Strike441 [17]

Answer:

a. $684

b. $480.6

c. 63 shares

Explanation:

a. The calculation of cash flow under the current capital structure is given below:-

Earning per share = Net income ÷ Shares

= $26,220 ÷ 6,900

= $3.8 per share

Cash flow = Earning per share × Stock shares

=$3.8 × 180 shares

= $684

b. The calculation of cash flow be under the proposed capital structure is given below:-

Value = $59 × 6,900

= $407,100

Under the capital structure suggested the company would collect new debt in the amount of:

Debt = 0.35 × $4071,00

= $142,485

Which means the amount of the repurchased shares will be:-

Shares repurchased = $142,485 ÷ $59

= $2,415

The Company will have to make an interest payment on the new debt under the new capital structure. The net income with the interest payment will be:-

Net income = $26,220 - 0.10 × $142,485

=$11,971.5

This means that the EPS will come under the new capital structure

Earning per share = $11,971.5 ÷ 4,485 shares

= $2.67 per share

Since all profits are paid out as dividends, the shareholder receives:-

Shareholder cash flow = Earning per share × Stock shares

= $2.67 × 180 shares

= $480.6

c. The shareholder would sell 35% of their shareholdings

= Shares × Debt percentage

= 180 × 35%

= 63 shares

5 0

2 years ago

Short Corporation acquired Hathaway, Inc., for $52,000,000. The fair value of all Hathaway's identifiable tangible and intangibl

Neporo4naja [7]

Answer:

correct option is a $0

Explanation:

given data

Acquisition value = $52,000,000

Fair value assets = $48,000,000

to find out

What is the annual amortization of goodwill for this acquisition

solution

we know that annual amortization of goodwill on a straight line basis over 40 years before 2001

and FASB also issue statement about that it does not allow automatic amortization of goodwill

so it will be zero here as goodwill is not amortized here

so correct option is correct option is a $0

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2 years ago

Which of the following is NOT considered a descriptive analysis technique? a. Data fusion b. Data harmonization c. Neural networ

Julli [10]

Answer:

c. Neural networks

Explanation:

While other options are considered as descriptive analysis techniques, neural network is a type of inferential statistics.

While descriptive statistics only describes data by using a chart or graph, and inferential statistics assist in drawing inferences or making predictions from data.

A neural network refers to a series of algorithms which studies the types of relationships, either positive or negative, that exist between a set of data via process that copies method of operation of human brain. Neural network can assist in inferring the effect that a change a set of data A, independent variable, will have on the a set of data B, dependent variable.

The idea of neural network comes from artificial intelligence and it helps in generating the best results that is obtainable without changing the criteria of the output.

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Bonds are considered to offer a guaranteed return, as they must be honored by law, but which is still a potential risk that inve

Fiesta28 [93]

Bonds are a type of investments that is categorized as a fixed-income instrument which symbolizes loans that investors make to a borrower. Bonds can be made by a corporation or a government. Bonds always have end dates, and they generally have lower risks compared to stocks.

However, there are still some risks associated with this type of instrument, which is (C) the issuer could go bankrupt.

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2 years ago

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