The State of Kentucky is planning major renovations in its parks during 2020 and enters into a contract with Whispering to purchase 430 durable, easy maintenance, standard charcoal grills during 2020. The grills are priced at $210 each (with a cost of $154 each), and Whispering provides a 5% volume discount if Kentucky purchases at least 280 grills during 2020. On April 17, 2020, Whispering delivered and received payment for 260 grills. Based on prior experience with the State of Kentucky renovation projects, the delivery of this many grills makes it certain that Kentucky will meet the discount threshold. Prepare the journal entries for Whispering for grills sold on April 17, 2020. Assume the company records sales transaction net.

Sanibel autos inc. merged with its competitor vroom autos inc. this allowed sanibel autos to use its technological competencies along with vroom autos' marketing capabilities to capture a larger market share than what the two entities individually held. what type of integration does this scenario best illustrate? a. vertical b. technological c. horizontal d. perfect

What is the difference between the contractual interest rate and the market interest rate?

Sailcloth & more currently produces boat sails and is considering expanding its operations to include awnings for homes and travel trailers. the company owns land beside its current manufacturing facility that could be used for the expansion. the company bought this land 5 years ago at a cost of $319,000. at the time of purchase, the company paid $24,000 to level out the land so it would be suitable for future use. today, the land is valued at $295,000. the company has some unused equipment that it currently owns valued at $38,000. this equipment could be used for producing awnings if $12,000 is spent for equipment modifications. other equipment costing $490,000 will also be required. what is the amount of the initial cash flow for this expansion project?