Flo enters into a contract with Global Shipping Ltd. to insure and ship a painting from France to the United States for a certain price. Global makes a mistake in adding the costs, which results in a contract price that is $1,000 less than the true cost. Most likely, a court would a. enforce the contract as is. b. allow the parties to rescind the contract. c. award damages to Global for the mistake. d. award damages to Flo for the mistake.

Answer: False

Explanation: In many cases, a partner will be able to bind the partnership without the other owners' consent. However, steps can be taken to prevent any one partner from entering into an agreement without the consent of the others.

The MOST efficient allocation of exam and homework due dates for students who have concerns due to conflicting schedules with other classes is to create an internal market for students to bid for their preferred dates.The correct answer is option-b.

A market is the most efficient mechanism for allocating goods and services according to the preferences of consumers. Students who have conflicting schedules can bid for their preferred exam and homework due dates through an internal market.

This method has the advantage of providing the exam and homework due dates to those who are willing to pay the most for them. By using the internal market, the professor can allocate the dates in the most efficient manner without sifting through the opinions of hundreds of students.

This method is also fair as it gives students the opportunity to choose their preferred dates based on their schedule constraints, and it reflects the value that students place on certain exam and homework due dates.

Therefore, the correct answer is option-b.

For more question on market

https://brainly.com/question/30665904

#SPJ8

Answer:

Adam needs to start a side business :D

Explanation:

Answer:

Explanation:

Sources of law are the origins of laws, the binding rules that enable any state to govern its territory. The term "source of law" may sometimes refer to the sovereign or to thUS Constitution. Constitutional law governs the interpretation of the US Constitution and its statutes.

Federal Statutes. Statutory law is the body of written laws that have been passed by the US Congress.

Common Law. US common law is also called case law. ...

Regulations of Federal Agencies. ...

International Treaties. ...e seat of power from which the law derives its validity.

Answer: Financial decisions are often hard to make. We help people make those decisions by making comparisons, finding out what others have chosen, and considering the financial implications of their options.

The question that can help us avoid a decision that would injure our self-esteem would be "How can I avoid taking the blame" Option D

This is further explained below.

Generally, Confidence in one's own capabilities or worth is an essential component of healthy self-esteem.

Beliefs about oneself and one's emotional states, such as victory, despair, pride, and shame, are all included in what is referred to as self-esteem.

In conclusion, Asking ourselves, "How can I avoid accepting the blame?" is a question that may guide us away from making a choice that would be detrimental to our sense of self-worth. The D Option

Read more about self-esteem

https://brainly.com/question/1578469

#SPJ1

Woolworths understands that it can have a positive impact on the retail supply chain to make it more sustainable and reduce its carbon footprint. Woolworths' Sustainability Strategy 2007-2015 established a number of targets and commitments for the company to improve its sustainability and reduce its environmental impact by 2015.

Woolworths has launched a number of initiatives and joined a number of programs that promote and aim to have a low environmental impact. Woolworths retail businesses have signed the Kyoto Protocol, an international agreement established by the Framework Convention on Climate Change. The can be defined as an organization that is seen to be using various techniques to reduce their impact on the environment. This initiative helps to make the world a greener place by reducing emissions that are harmful to people's and animals' health. Woolworths uses the following initiatives to reduce its environmental impact: growing greener by lowering emissions, reducing plastic, and sourcing responsibly.

learn more about Woolworths here:

https://brainly.com/question/28352580

#SPJ9

Information is an abstract concept that refers to that which has the power to inform. At the most fundamental level, information pertains to the interpretation of that which may be sensed, or their abstractions.

Information is a stimulus that has meaning for the recipient in a particular situation. Data is the broad term used to describe information that is entered into and stored in a computer.

Information is a fact, idea, or piece of data that is conveyed or described through different forms of communication, including written, oral, visual, and audio.

Information is processed data. Processing raw data produces information. Information is a processed type of data, whereas data is raw and unedited. Information can be stored in many forms, such as text, images, sound, and videos.

Learn more about the information here:

https://brainly.com/question/30350623

#SPJ1

An operating budget is a financial statement that outlines the organization's expenditures and revenues for a specific period.

The operating budget is typically for a fiscal year, which is usually twelve months. The future period for an operating budget is usually a fiscal year or less than a year. The operating budget is critical because it establishes guidelines for financial activities and operations in an organization. It provides a roadmap for financial plans for a short-term, future period, which typically begins on January 1st and ends on December 31st.

An organization creates an operating budget to aid in the allocation of resources and expenditures to achieve its objectives for a given period. A typical operating budget is for a fiscal year. A fiscal year is the period when an organization prepares its financial statements. It is usually 12 months, but it may be shorter or longer depending on the organization. An operating budget typically covers one fiscal year; however, it may be longer or shorter based on the organization's preferences.

The future period for an operating budget is frequently updated to reflect the company's current situation and financial standing. It takes into account the actual results of the previous period and the estimated expenditures and revenues for the upcoming year to develop the operating budget for a future period.

Know more about Operating budget here:

https://brainly.com/question/30766715

#SPJ8

An organization that will be analyzed in this context is Coca-Cola.1.1 Summary of the nature of the business:Coca-Cola is one of the most well-known beverage manufacturers in the world. They create fizzy drinks, juices, and water for a variety of markets.

Their drink portfolio includes more than 200 brands sold in over 200 countries.1.2 Summary of the business model:Coca-Cola Company follows a business model based on creating strong brands that generate significant customer demand.

Their main goal is to build and enhance brand equity. They engage in extensive advertising and promotion campaigns to attract more consumers.1.3 What are the key business drivers:Coca-Cola's essential business drivers are its brand, extensive distribution network, market reach, product innovation, customer satisfaction, and product differentiation.2.1 Nature of decision describing what decision needed to be made and why:The business decision that was taken by Coca-Cola was regarding the selection of the right marketing mix, which is a critical decision.

This allowed them to gain valuable insights into how the consumers perceive their products, which they could use to develop targeted marketing strategies. From a risk modeling perspective, the approach is beneficial because it allows the company to minimize the risks by identifying the issues that consumers may face with their products.3.1 Using the selected business decision from above, identify at least 5 risks that needed to be considered to make the same:1. Competition from other beverage manufacturers2. Consumer preferences and behavior3. Changes in market trends4. Fluctuating economic conditions

5. Changing health and safety regulations3.2 Using the risk register in the previous section, conduct a qualitative risk analysis for these 5 risks by proposing the probability of occurrence and impact for each risk:The following table shows the qualitative risk analysis for the five risks that were identified:RiskProbabilityImpactCompetitionMediumHighConsumer preferences and behaviorHighHighChanges in market trendsLowHighFluctuating economic conditionsHighMediumChanging health and safety regulationsLowMedium3.3 Using a matrix included in Appendix A, plot the risks on a heat map and explain what the map means:The risks were plotted on a heat map, as shown below:The heat map shows that the competition and consumer preferences risks have a higher probability of occurrence and impact, while the changes in market trends and health and safety regulations have a lower probability of occurrence and impact.4.1 Using the register derived in question 3.1, calculate the average impact (expected monetary value) using aggregation of static values:

The five possible expected monetary values are calculated by multiplying the probability of each risk and the range of possible impacts.RiskProbabilityImpactRange of possible impactsExpected Monetary ValueCompetitionMedium$2,000,000-$4,000,000$1,200,000Consumer preferences and behaviorHigh$3,000,000-$5,000,000$3,000,000Changes in market trendsLow$1,000,000-$3,000,000$300,000Fluctuating economic conditionsHigh$1,000,000-$2,000,000$1,200,000Changing health and safety regulationsLow$500,000-$1,000,000$50,000Total Expected Monetary Value$5,750,0005.2 Describe the result of this methodology using an appropriate diagram:The following diagram shows the possible expected monetary values for the five risks:5.3 Summarize what does this average impact value mean for the organization:

The average impact value means that the Coca-Cola Company could potentially lose an estimated $5,750,000 due to the five risks that were identified. This value represents the range of possible impacts that the company may face, given the probability of occurrence of each risk. The company can use this information to identify the risk mitigation strategies that are required to minimize the impact of these risks.

For more such questions on Coca-Cola

https://brainly.com/question/30371353

#SPJ8

The cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.

For more questions on cost of goods sold (COGS)

https://brainly.com/question/24561653

#SPJ8

No, corporate stakeholders are not merely "free riders."

Corporate stakeholders play a vital role in the success and sustainability of a company. They include shareholders, employees, customers, suppliers, and the local community. Each stakeholder group has a vested interest in the company's operations and outcomes.

Shareholders invest their capital, employees contribute their skills and labor, customers provide revenue, suppliers offer goods and services, and the local community supports the company's presence. While stakeholders benefit from the company's success, they also actively contribute to its growth and prosperity.

Read more about free riders

brainly.com/question/2078170

#SPJ1

Answer:

$64,000

Explanation:

Calculation to determine the cost of goods sold using the average cost method

First step is to calculate the Average cost

Average cost = [(200 × $140) + (400 × $160) + (100 × $200)] ÷ 700 units

Average cost= $160

Now let calculate the Cost of goods sold

Cost of goods sold = $160 × 400 units

Cost of goods sold = $64,000

Therefore the cost of goods sold using the average cost method will be $64,000

It would costs about USD $18,666,880 to extract 1 short ton of Nevada gold

An equation is used to show the relationship between two or more numbers and variables.

29167 troy ounce = 1 short ton

Since It costs about USD $640 to extract 1 troy ounce of Nevada gold, hence for one short ton:

Cost of extracting one short ton = $460 * 29167 = $18,666,880

It would costs about USD $18,666,880 to extract 1 short ton of Nevada gold

Find out more on Equation at: https://brainly.com/question/2972832

Answer:

A. True

Explanation:

Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service. Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.

The fundamentals of Project Management are considered universal across most businesses and professions.

The fundamentals of Project Management includes;

1. Project initiation

2. Project planning

3. Project execution

4. Monitoring and controlling of the project

5. Adapting and closure of project.

It is very important and essential that project managers in various organizations, businesses and professions adopt the aforementioned fundamentals in order to successfully achieve their aim, objectives and goals set for a project.

An organization can use Inventory Turnover and Customer Order Cycle Time KPIs to drive continuous operational process improvement.

Key Performance Indicators (KPIs) are essential tools that organizations use to monitor the processes involved in operating a global supply chain.

A KPI is a measurable value that organizations use to track and measure how efficiently and effectively they are achieving their key business objectives.

The KPIs vary depending on the organization's business objectives, industry, and strategic goals. One KPI that I have seen being used to manage a global supply chain process successfully is the Perfect Order Metric.

Perfect Order Metric (POM) is a KPI that measures a supply chain's success in delivering orders without any issues or errors. POM measures the supply chain's ability to deliver on-time, complete, and error-free orders to customers.
Organizations can use various methods to decide which KPIs to use to manage their global supply chain.

One approach is to define the supply chain objectives and business goals, which provide the overall direction for the supply chain management.

Another method is to identify the critical areas that need improvement and select the KPIs that will measure progress in those areas.

Organizations should also consider aligning the KPIs with the organizational strategy, which helps ensure that the supply chain's objectives are aligned with the organization's overall goals.
Two KPIs that my peers have introduced are the Inventory Turnover and Customer Order Cycle Time.

Inventory turnover measures how fast a company sells its inventory and replenishes it with new products.

On the other hand, customer order cycle time measures the amount of time it takes for an organization to receive a customer order, process it, and deliver the product or service to the customer.
In conclusion, KPIs are essential tools that organizations use to measure their global supply chain's performance. Organizations should choose KPIs that align with their objectives, goals, and strategy.

The perfect order metric is an example of a KPI that measures a supply chain's success in delivering orders without issues or errors.

An organization can use Inventory Turnover and Customer Order Cycle Time KPIs to drive continuous operational process improvement.

For more such questions on Inventory Turnover

https://brainly.com/question/18914383

#SPJ8

Answer:

Some managers are reluctant to participate in budgeting because they do not like to discuss financial matters. They may also feel like developing a budget stops flexibility.

Managers may be reluctant to fully participate in setting budgets due to several reasons. First, they may fear that by actively participating, they will be held accountable for meeting the budget targets, leading to increased pressure and scrutiny.

Second, managers may have limited knowledge or experience in financial matters, making them hesitant to engage in budgeting discussions. Third, they may perceive budgeting as a time-consuming process that distracts them from their primary responsibilities.

Additionally, managers might have concerns that their departmental needs and priorities will not be adequately considered, resulting in inadequate resource allocation. Overall, these factors can contribute to their reluctance to actively engage in the budgeting process.

Learn  more about budgets here

https://brainly.com/question/31952035

#SPJ4

i) Using simple interest, if the deposits were made at the beginning of every six months, the ending (future value) would be K127,500.

ii) Using simple interest, if the deposits were made at the end of every six months, the ending (future value) would be K122,500.

iii) Using compounded interest, if the deposits were made at the beginning of every six months, the ending (future value) would be K132,067.87.

iv) Using compounded interest, if the deposits were made at the end of every six months, the ending (future value) would be K125,778.93.

The difference between simple interest and compound interest is that simple interest is only based on the principal.

On the other hand, compound interest computes interest on both the principal and accumulated interest.

Period  Principal     Interest      Balance

1            K10,000       K500      K10,500 (K10,000 + K500)

2            20,000       1,000        21,500 (K10,500 + K10,000 + K1,000)

3            30,000       1,500       33,000

4            40,000      2,000      45,000

5            50,000     2,500       57,500

6            60,000     3,000       70,500

7            70,000     3,500       84,000

8            80,000    4,000       98,000

9           90,000     4,500      112,500

10        100,000     5,000     127,500

Period  Principal     Interest      Balance

1            K10,000       K0           K10,000

2            20,000       500        20,500 (K10,000 + K10,000 + K500)

3            30,000       1,000       31,500

4            40,000       1,500      43,000

5            50,000     2,000      55,000

6            60,000     2,500      67,500

7            70,000     3,000       80,500

8            80,000    3,500       94,000

9           90,000     4,000     108,000

10        100,000     4,500     122,500

N (# of periods) = 10 (5 x 2)

I/Y (Interest per year) = 10%

PV (Present Value) = K0

PMT (Periodic Payment) = K10,000

Results:

FV = K125,778.93

Sum of all periodic deposits = K100,000 (K10,000 x 2 x 5)

Total Interest = K25,778.93

N (# of periods) = 10 (5 x 2)

I/Y (Interest per year) = 10%

PV (Present Value) = K0

PMT (Periodic Payment) = K10,000

Results:

FV = $132,067.87

Sum of all periodic deposits = K100,000 (K10,000 x 2 x 5)

Total Interest = K32,067.87

Learn more about simple interest and compound interest at brainly.com/question/3402162

#SPJ1

Answer:

$6 billion

Explanation:

Calculation to determine what consumption spending would initially decrease by

Using this formula

Decrease in Consumption spending=MPC * New taxes on household income

Let plug in the formula

Decrease in Consumption spending=0.6*$10 billion

Decrease in Consumption spending=$6 billion

Therefore consumption spending would initially decrease by $6 billion

Answer:

c

Explanation:

on edg

Explanation:

Note that call options are simply contracts or tradable assests that gives owners the right to buy the stock at a certain price. While a financial manager is someone task with managing the assets of an investor in a company.

Knowledge of call options will allow the financial manager to sucessfully work with stocks, warrants (recently issued shares of stock), and convertible securities (such as debts been replaced with common stocks).

Answer and Explanation:

The journal entries are shown below:

Accounts Payable $10,000

      To Notes payable $10,000

(Being the issuance of the note is recorded)

Interest expense $125 ($10,000 × 5% × 90 days ÷ 360 days)  

Notes payable $10,000

            To Cash $10,125

(Being the cash paid is recorded)

These two entries should be recorded for the given transaction  

The capitalist system in the United States is one of the  large-scale economic shifts that have created our present service economy

Economic change, which can be characterized as a change in the economy's structure, policies, or growth, is one of the external factors that influence company decision-making.

Every country's economy has expansionary and contractionary eras. The levels of employment, productivity, and the overall demand and supply of the country's goods and services are what lead to these changes. These adjustments cause short-term expansionary and deflationary episodes.

An economic system known as a service economy is one in which the provision of services, as opposed to the production of products, is the primary activity. Road construction, medical treatment, food, lodging, and other professional services are some of these services.

Read more on economic shifts here: https://brainly.com/question/1366201

#SPJ1

a) It is False. The correct maxim is that there are no unexploited economic opportunities when the market is in long-run equilibrium.

b) It is FALSE. Firms in long-run equilibrium have to make an accounting profit in order to cover the opportunity cost of resources supplied by their owners.

c) This is TRUE. Firms that can develop cost-cutting technologies can generate short-term economic profit. These companies can make money until other companies implement their inventions. The industry supply curve will move downward as the innovations proliferate, causing the market price of the item to decline and undermining the short-term economic profit.

The opportunity cost of a certain activity in microeconomic theory is the value or gain given up by engaging in that activity in comparison to engaging in an alternative activity.

Simply put, if you choose one activity, you forfeit the potential to choose another.

Learn more about opportunity cost:
https://brainly.com/question/13036997
#SPJ1

Answer:

b

Explanation:

In terms of revealing values on a company's balance sheet, examples of good accounting include the following: Both damaged equipment and inventory recorded by X Company are appraised at current market value, which is less than the original cost.

A balance sheet lists the assets, liabilities, and owner equity of a company at a particular period. They provide a snapshot of the assets and liabilities of your company, as well as the amount of investment made by its shareholders, all disclosed on a single day.

You can better grasp a company's financial situation by knowing how much it is worth at any given time by looking at its balance sheet. Your company's assets, liabilities, and owner's equity are listed on a balance sheet at any given time. The accounts shown on your chart of accounts match the items recorded on the balance sheet.

Learn more about the balance sheet with the help of the given link:

brainly.com/question/26323001

#SPJ4

Controlling is a management function that aids in obtaining desired results from employees at all organizational levels, including managers and subordinates.

Verifying if everything happens in accordance with the plans adopted, the directions issued, and the principles established constitutes controlling. Controlling makes sure that organizational resources are used effectively and efficiently to accomplish the intended goals.

The managing role identifies deviations, tracks progress toward corporate goals, and suggests necessary corrective action. In order to make the appropriate decisions regarding each, Controlling entails the meticulous gathering of knowledge about a system, process, individual, or group of people.

Managers establish and communicate while performing the management function of controlling. performance criteria for individuals, organizations, and technology

To learn more about Controlling Please visit -https://brainly.com/question/15351742
#SPJ1

Josh will collect $3600 in interest if he keeps the $8000 10-year bond with a 4.5% coupon rate to maturity.

To calculate the interest that Josh will collect from the 10-year bond with an $8000 face value and a coupon rate of 4.5%, we need to consider the annual interest payment and the total number of interest payments over the bond's lifespan.

The annual interest payment can be calculated by multiplying the face value of the bond ($8000) by the coupon rate (4.5%). This gives us an annual interest payment of $360 (8000 * 0.045).

Since the bond has a 10-year maturity, there will be a total of 10 interest payments over its lifespan. Therefore, the total interest Josh will collect can be calculated by multiplying the annual interest payment ($360) by the number of interest payments (10).

Total interest = Annual interest payment * Number of interest payments

Total interest = $360 * 10

Total interest = $3600

Therefore, if Josh keeps the bond to maturity, he will collect a total of $3600 in interest over the 10-year period.

For more question on interest visit:

https://brainly.com/question/29415701

#SPJ8

Obligation to transfer resources from a past transaction is known as liabilities. The benefit that made by liabilities is  a result of past transactions or other past event.

In financial accounting and economic, a liability generally can be described  as the future sacrifices of economic benefits that the entity is obliged to make to other entities. The benefit that made by liabilities is  a result of past transactions or other past event. There are several types of liabilities, such as current liabilities, non-current liabilities and also contingent liabilities. Liabilities have an estimate range time between between 5 and 10 years.

Here you can learn more about liabilities https://brainly.com/question/18484315

#SPJ4

Answer:

Effective teamwork can result in   more creativity   and   higher productivity  

Answer:

1. more creativity

2. higher productivity