Collector carl displays his beer can collection at the local swap meet. mary sees the collection and is interested in buying it. carl says he will sell the collection for $1,500. mary says she really likes the collection but is only willing to pay $1,000. which of the following is correct? a. mary's offer is an option contract and she cannot revoke the offer. b. mary's counteroffer terminates carl's offer of $1,500.c. neither offer is valid. who would ever pay $1,000 or $1,500 for a beer can collection? d. if carl rejects mary's counteroffer, she can still accept carl's offer of $1,500.

In a sumif conditional function, what should be the order of terms in the parentheses?

When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement

The gilbert instrument corporation is considering replacing the wood steamer it currently uses to shape guitar sides. the steamer has 6 years of remaining life. if kept, the steamer will have depreciaiton expenses of $650 for five years and $325 for the sixthyear. its current book value is $3,575, and it can be sold on an internet auction site for$4,150 at this time. if the old steamer is not replaced, it can be sold for $800 at the endof its useful life. gilbert is considering purchasing the side steamer 3000, a higher-end steamer, whichcosts $12,000 and has an estimated useful life of 6 years with an estimated salvage value of$1,500. this steamer falls into the macrs 5-year class, so the applicable depreciationrates are 20.00%, 32.00%, 19.20%, 11.52%, 11.52%, and 5.76%. the new steamer is fasterand allows for an output expansion, so sales would rise by $2,000 per year; the newmachine's much greater efficiency would reduce operating expenses by $1,900 per year. to support the greater sales, the new machine would require that inventories increase by$2,900, but accounts payable would simultaneously increase by $700. gilbert's marginalfederal-plus-state tax rate is 40%, and its wacc is 15%.a. should it replace the old steamer? b. npv of replace = $2,083.51