Answer:
Al
Explanation:
In order for a contract to be formed, both parties must reach an agreement (usually through offer and an acceptance of terms). The offer made by Greta was a $50 reward for her missing dogs, Al and Ben agree to the contract by searching for the dogs. Since Al finds and returns one of the Dogs, Greta has an obligation to pay Al. As for Ben, since he failed to meet the terms, he should not be paid. On the other hand, since Charlie never saw the posters, there was no contract formed because he could not possibly agree to terms he was not aware, and Greta has no legal obligation to pay Charlie.
Therefore, Greta has a legal obligation to pay Al.
Answer: Debit to Product Warranty Payable
Explanation: Product Warranty Payable is a liability account that has a credit balance. To increase a liability a credit is recorded while to reduce a liability a debit is recorded to the liability.
The seller maintains the warranty as a liability and initially records a debit to its product warranty expense and a credit to its product warranty Payable.
When a repair is done on a product under warranty, the seller records a debit to the product warranty Payable to reduce it’s liability.
Also, a debit to either supplies or cash will increase the expense and assets accounts respectively which will amount to incorrect journal entries.
Answer:
Option A.
Includes partnering rather than competing with existing distributors
Explanation:
Through internet retailing, a business can partner with other distributors and enlist the products of the distributors on their website along side their products.They can charge a fee for each product sold via their platform, which can serve as additional revenue to the business, without much extra costs. This is because the platform is already available.
This is the business model that companies such as Amazon apply. They enlist products of other businesses on their online platform, sell them and make some profit for themselves.
This is what gives internet retailing a strong appeal.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
One set (small) sells for $77 with variable costs of production for the set at $50. Another set (large) sells for $152 with variable costs of $100.
Contribution margin= selling price - unitary variable cost
Contribution margin Small Set= 77 - 50= $27 per unit.
Contribution margin Large Set= 152 - 100= $52 per unit.
Don’t trust my word I just need to answer questions i’m so sorry