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Question - Blake wanted to buy Harry's boat for $20,000 and sent his offer by text to the latter's phone. In his offer, Blake specified that he would give Harry two weeks to decide if he would sell his boat. Harry wanted to sell the boat to Blake, but thought he would wait until the last day of the 2-week period to inform Blake. But he was so sure that he would sell it and was expecting to get paid $20,000 in two weeks that he hastily sent an offer to Ali to buy his motorcycle also for $20,000. Ali accepted Harry's offer. One week after Blake made the offer to buy Harry's boat, he withdrew it. Now Harry doesn't have the money to pay for Ali's motorcycle and Ali is insisting that he pay for it since it was already sold to him. Can Blake withdraw his offer to buy Harry's boat? (Maximum 220 words).
Prepare necessary journal entries on the books of Norwin Company for the following transactions. If no entry is required, write "none" in the space provided
West Wind Tours stock is currently selling for $48 a share. The stock has a dividend yield of 3.2 percent. How much dividend income will you receive per year if you purchase 200 shares of this stock?
Average common stockholders' equity 1,000,000. Determine the rate earned on common stockholders' equity. Round to one decimal place
Calculate the recoverable amount as at 31 December 2019. Revenue and costs per annum for the remaining useful life are noted
on july 12014 xyz company a calendar year company sold special order merchandise on credit and received in return an
Problem - Recording troubled debt settlement - Prepare the journal entry John Deere would make on December 31, 2018, to record the settlement
What causal statement might the researchers be trying to make, if any? Is it appropriate? Use the results and design to interrogate the study's
Create comparative retained earnings statements for Madrasa Inc. for 2019 and 2020. The company had retained earnings of $200,000 at December
Refer to information in QS. Assume a target income of 12% of average invested assets. Compute residual income for each of Best Buy's divisions.
If Mark bought two pairs of pants and two suit coats for a total of $558, what percentage did the store offer for each set purchased
Projected times for machine B are an average operating time of 58 hours and a repair time of 3 hours. What are the projected availabilities of each machine
For each procedure, indicate which of the first four parts of audit planning the procedure primarily relates to: perform preliminary analytical procedures
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