The common law "mirror image" rule applies to an offer and the acceptance of that offer in a contract for the sale of goods
a. True
b. False
Indicate whether the statement is true or false
False
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Cameron Company purchased a mine on January 1, 2018, for $533,000, which is estimated to contain 30,000 tons of iron ore. There is no residual value. The business extracted and sold 13,500 tons of ore in 2018 and 13,800 tons of ore in 2019. What is the depletion expense for 2019?(Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
A) $239,895 B) $485,121 C) $245,226 D) $47,979
Answer the following statements true (T) or false (F)
1. Information overload is a positive benefit of e-mail communication channels in organizations. 2. The Privacy Rights Clearinghouse suggests that privacy of personal calls made at work may be increased through using cell phones, pay phones, or separate phones that employers have designated for personal calls. 3. Biometric Security Systems identifies users based on a combination of PINS and passwords. 4. Cookies are a form of monitoring customers and potential customers.
Depletion is:
A. The process of allocating the cost of intangibles to periods when they are used. B. An increase in the value of a natural resource when incurred. C. Also called amortization. D. The process of allocating the cost of natural resources to the period when it is consumed. E. Calculated using the double-declining balance method.
How much did you borrow if your annual payments are $5,000 for the next seven years and the interest rate is 9%?
A) $25,164.76 B) $36,002.17 C) $19,140.20 D) $27,797.84