answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tems11 [23]
1 year ago
9

Regional Products, Inc. agrees to sell to Quantity Dealers Corporation a certain amount of goods. The contract does not specify

where the goods are to be delivered. In general, the UCC requires that the delivery take place at__________
Business
1 answer:
Rashid [163]1 year ago
6 0

Answer:

Regional Products

Explanation:

According to the UCC where place of delivery is not specified in a transaction, the place of delivery of the goods will be at the seller's place of business.

This will help with inspection, where the buyer has an opportunity to inspect the goods and either accept or reject before transportation cost is incurred.

You might be interested in
Consider airfares on flights between New York and Minneapolis. When the airfare is $250, the quantity demanded of tickets is 2,0
Andrei [34K]

Answer:

c the price elasticity of demand is about 1.43 and an increase in the airfare will cause airlines' total revenue to decrease.

Explanation:

q1 2,000 p1 250

revenue1 = quantity x price = 2,000x250 = 500,000

q2 1,700 p2 280

revenue2 = 1,700 x 280 = 476,000

<u>Midpoint formula:</u>

E_p\frac{q_1-q_2}{\frac{q_1+q_2}{2}} \div\frac{p_1-p_2}{\frac{p_1+p_2}{2}}

\frac{2,000-1,700}{\frac{2,000+1,700}{2}} \div\frac{250 - 280}{\frac{250 + 280}{2}}

\frac{300}{1850} \div\frac{-30}{265}

Ep = -1.432432432

As the price elasticity is above -1 the decrease in quantity is greater than the decrease in price thus, the revenue of the firm decreases if increase the price.

8 0
1 year ago
If the quote for a Treasury bond is listed in the newspaper as 98.2812 bid, 98.4062 ask, the actual price at which you can purch
azamat

<u>Solution and explanation:</u>

<u>Given data: </u>

Ask price: 98.4062, bid price: 98.2812, par value of the bond: $10,000

<u>The following formula is used in order to calculate the actual value of the bond </u>

The ask price will be used while calculating the actual value of the bond and the par value of the bond will be used

Ask price will be multiplied with par value of the bond and divided by 100

98.4062(10000) / 100= $9840.62

Therefore, the par value as per the above calculation is $9840.62

3 0
2 years ago
Read 2 more answers
The General Fund levies property taxes in the amount of $1,000,000 for calendar year 2019. It expects to collect $950,000 during
Musya8 [376]

Answer:

Under the accrual basis, it should recognize $1,000,000 as property tax revenue for the year 2019.  The remaining $45,000 that it does not collect in year 2019 will be accounted for as Property Tax Receivable while the $5,000 will be recorded as Uncollectible Expense in 2019.

Explanation:

The accrual concept or basis of accounting requires that all revenues and expenses relating to a fiscal year be recognized in that accounting year.  It is not only the actual cash receipts and payments that should be recognized.  This means that any revenue that is due but not yet received will be accounted for in the year that the revenue arises.  And all the related expenses for raising the revenue will also be accounted for in the same year.

8 0
2 years ago
Chapter 3 Homework Questions 3, 4 3. Balance Sheet. Construct a balance sheet for Sophie’s Sofas given the following data. What
Svet_ta [14]

Answer:

<u>BALANCE SHEET</u>

Assets                                            Liabilities

Cash                           10,000        Account Payable     17,000

Account Receivable 22,000        Long term               170,000

Inventory                 200,000       Total Liab                187,000

non-current assets  100,000        Equity                      145,000 (A)

total assets              332,000     Total liab + SE         332,000

Earnings before interest and taxes: 11,000 dolllars

Net income 8,000

Explanation:

(A) solve through the accounting equation

assets = laib + equity

332,000 = 187,000 + Equity  = 332,000 - 187,000 = 145,000

Q4

income tax expense: 2,000

rate 20%

Earnings before taxes x 20% = 2,000

EBT = 2,000 / 0.2 = 10,000

Net income : 10,000 - 2,000 = 8,000

EBIT: EBT + interest expense

10,000 + 1,000 = 11,000

5 0
2 years ago
George Weston Limited, a Canadian food processing and distribution company, is one of the world's largest producers of breads. R
babunello [35]

Answer:

<u> c. Mix width</u>

Explanation:

Product mix width can be defined as the total number of product lines that a company has to sell.

As an example, we can mention a cosmetics company that manufactures four different types of products, such as jewelry, perfumes, clothes and makeup.

Companies use the strategy of having different product lines because they add benefits such as attracting more consumers and gaining a larger share of the market.

4 0
1 year ago
Other questions:
  • In an effort to provide some structure to the value perspective, David Garvin of the Harvard Business School identified eight di
    14·1 answer
  • The management of International Cookwares believes that delivery performance measures must be improved if the company is to main
    11·1 answer
  • A lender might investigate a borrower’s personal assets if that borrower was part of which of the following organizations?
    8·1 answer
  • David and Bella started a new company and decided that the net profit will be divided in a 6:7 ratio respectively. At the end of
    8·1 answer
  • After nearly 20 years with his company, Mike's job was outsourced. He wants his new job to offer not only a good wage but also j
    6·1 answer
  • Diane's Designs has two classes of stock authorized: 8%, $10 par value preferred and $1 par value common. As of January 1, 2021,
    10·1 answer
  • When General Motors and SAIC Motor created their joint venture in 1997, the employees noticed cultural differences influencing t
    10·1 answer
  • Heather Smith Cosmetics (HSC) manufactures a variety of products and is organized into three divisions (investment centers): soa
    10·1 answer
  • The Jackson &amp; Jacinto Auto Repair Shop uses 510 gallons of oil every week, and it takes them 3 days to get more oil delivere
    10·1 answer
  • Statement of Owner's Equity
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!