Answer:
at the time it receives a negotiable warehouse receipt for the bats.
Explanation:
Benson Bearing Company is selling bats to Textron inc. The bats are stored at an independent warehouse not controlled by Benson Company.
Of the contract states that Textron will pick up the bats at the warehouse, the risk of loss passes to Textron when it recieved a negotiable warehouse reciept for the bats.
This is because the warehouse is not controlled by Benson Company and issuing a warehouse reciept is equivalent to delivering the goods to Textron.
<span> The term marginal utility is an economic term that describes and defines how much of an item (product or service) a consumer will buy. It can be positive, negative or zero. </span>
The marginal utility of two goods change with the quantities consumed. The more quantities are consumed the bigger the marginal utility.
Dividend is the amount of share in the earnings paid by the company to its shareholders for their investment in the company. So dividend is paid out of the earnings made by the company and it has no relation with the increase or decrease in the value of the stock.
Hence, If a company pays dividends on a stock, it does not mean that the stock has appreciated in value.
$5,040 since Irene earned nearly earned about $4,800 less than what she would be making if she did not make her early withdrawal.
