Oakleaf manufacturing incurs costs of $75 ($67 variable and $8 fixed) to make a product that normally sells for $120. a customer offers to buy 4,200 units at $70 each. assuming oakleaf has adequate manufacturing capacity, it should
a: accept the offer because it will produce net income of $12,600.
b: accept the offer because it will produce net income of $21,000.
c: reject the offer because it will result in a net loss of $12,600.
d: reject the offer because it will result in a net loss of $21,000.

Which feature is a characteristic of a corporation?

Buyer henry is going to accept seller shannon's $282,500 counteroffer. when will this counteroffer become a contract. a. counteroffers cannot become contracts b. when henry gives shannon notice of the acceptance c. when henry signs the counteroffer d. when shannon first made the counteroffer

In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?