The correct answer to this is C profits. hope this helps :)
Answer: $68,600
Explanation:
Investment Income using Equity method = Plastic company Share in income of Spoon company - Depreciation on Assets
Plastic Company share in Income of Spoon Company = 100% * 78,000 = $78,000
Land cannot be depreciated so only Equipment will be depreciated.
= 94,000/10 years
= $9,400
Investment Income using Equity method = 78,000 - 9,400 = $68,600
Answer & Explanation:
a). The contract between Lisa and Bob is valid and enforceable as a valid contract is an agreement between parties lacking no element. The contract was very detailed and well discussed regardless of Bob drinking it is still enforceable unless Bob can proof that the intoxication impaired his judgement and made him incompetent to sign the contract thereby making it void.
b). The contract will be valid if Bob signed it before the drinks arrived as the document was complete and his signature show acceptance of the terms of the contract.
c). A minor can not enter into a contract as they may lack the capacity to enter into a valid contract. As such, if Bob was a minor regardless of him being sober any contract signed by him can be completely voidable.
Businesses are likely to reduce their choices of suppliers during the proposal analysis, vendor negotiation, and selection stages of the business-to-business purchasing process.
More about proposal analysis, vendor negotiation:
The proposal results are compared to what was anticipated in the proposal analysis report. The period of time a proposal has so far been open is also shown in this report.
The strategic process of coming to a deal that is advantageous to both the firm and its third parties is known as vendor negotiation. It might entail numerous dialogues, mutual concessions, and the application of soft skills.
Learn more about proposal analysis here:
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