It is from my experience since if it is from his experience then the author could tell us something like it is a beautiful place or it is very warm. based on these statements it is opinions since he doesn't have a fact do back it up. his experience tells us what he thought so it is his opinion
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.
Answer:
Correct statements are:
B, C and D
Explanation:
A firm with positive net income can anytime run out of cash as the accounting net income is computed on accrual basis, and it is not necessary that all the related cash is collected.
Also the firm might spend a huge amount on investing in small companies, capital properties etc: which will again lead to huge cash outflow.
Financing activities generally bring the cash in the company, whereas after the financing instruments are matured, they need to be paid off. In that case, in year of maturity the entire amount will be paid which will involve huge cash outflow, and the company might run out of cash.
Therefore, all the statements except Statement A are correct.
Correct Statement are:
B, C and D
Answer:
3. one case of 24 sodas @ $ 18.50
Explanation:
The question requires that the hosts need to have enough to have two sodas each. The number of guests being 10, the requirement is to have 20 sodas.
Now comparing the various pack sizes available:
1. 20 sodas $ 1.50 per bottle, Total cost $ 30, per serving cost $1.50
2. 4 6 packs @ $ 5 each. Total cost $20, Per serving cost $0.83
3. 24 soda case @ $18.5. Total cost $ 18.50, Per Serving costs $ 0.77
4, 2 x 24 soda cases @ 18.50. Total Cost $ 37.00 Per serving costs $ 0.77
The per serving costs are the same in 3 & 4 above, however, since the requirement is to have 20 sodas and the overall costs as well as the per serving costs is the best in option 3, this is the preferred option.
Answer:
45.69%
Explanation:
The formula to compute the accounting rate of return is shown below:
= Annual net income ÷ average investment
where,
Net income is
= Annual revenues - annual operating expenses
= $120,000 - ($38,000 + $232,000 ÷ 8 year)
= $120,000 - ($38,000 + $29,000)
= $53,000
And, the average investment would be
= (Initial investment) ÷ 2
= ($232,000) ÷ 2
= $116,000
Now put these values to the above formula
So, the rate would equal to
= $53,000 ÷ $116,000
= 45.69%
