Answer:
Explanation:
There was ice bucket challenge, where series of videos emerge that show how people are putting bucket of water on themselves on social media, which involves celebrities such as Lady Gaga, Bill Gate and millions of people.
This makes the video to went viral and even ALSA organization mail a good number of people.This give sensation about people knowing about ALS disease world wide. This ice bucket challenge can be said to be a fund raising success, where there was over $70 millions donation in the next Sunday morning,
The ALSA organization knows very well the benefits that could be derived from it if the event would take place in coming year because they are part of the fund raiser and appreciate it. Therefore,ALSA can learn alot because from this experience been part of the fund raiser to help the organization take advantage of the power of social media in the future.
Answer:C. A mistake of value support the cancellation of a contract.
Explanation:
The law of equity says ' he who comes to equity must come with a clean hand. Although the law requires the enforcement of a valid contract but the precensce of a substantial mathematics mistakes make the contract unenforceable.
It's not a bilateral mistake because it's from one the parties, though not all unilateral mistakes can cancel a contract especially when done with negligence.
The contract been below the price of contract of similar nature is not a valid excuse for non performance after agreement.
Answer:
The correct answer is letter "B": monopoly.
Explanation:
A monopoly exists when one business is the sole or almost sole supplier of a good or service within a market. This potentially allows the business to become dominant enough to prohibit rivals from entering the marketplace resulting in minimal consumer choice, higher prices, and reduced response to customer requests.
Answer:
2190 ; 2560 ;
$778.2
Explanation:
Total worth of gasoline sold = 16003.50
Cost of regular = 3.30
Cost of premium = 3.45
Let :
premium Gallon sold = x
Regular gallon sold = 370 + x
Hence, mathematically;
(3.45*x) + (3.30 * (x + 370)) = 16003.50
3.45x + 3.30x + 1221 = 16003.50
6.75x = 16003.50 - 1221
6.75x = 14782.5
x = 14782.5 / 6.75
x = 2190
Premium Gallon sold = 2190 gallons
Regular gallon sold = 2190 + 370 = 2560 gallons
Profit per regular gallon sold = $0.15
Progit per premium Gallon sold = $0.18
Total profit = (2190 * 0.18) + (2560 * 0.15) = $778.2
Answer:
Explanation:
Outstanding number of days is the period over which the loan balance remains unpaid. Since this loan earns 5% interest, required adjusting entry for this company would be to Debit<em> interest expense</em> <em>account</em> and Credit the interest <em>payable account. </em>It is an accounting requirement that all expenses be debited . On the other hand, interest payable is the amount that a company owes a lender and is therefore credited as the corresponding journal entry to the interest expense .