A buyer who is not a merchant in boats is at a boat store and orally agrees to purchase a sailboat for $2,000. The buyer sends a written confirmation to the boat dealer the next day describing all relevant terms of their agreement. When the buyer goes to the store a week later to pick up the boat, the store refuses to sell the boat for $2,000. Which is true?

phillips, inc. had the following financial data for the year ended december 31, 2019. cash $ 41,000 cash equivalents 75,000 long term investments 59,000 total current liabilities 149,000 what is the cash ratio as of december 31, 2019, for phillips, inc.? (round your answer to two decimal places.)

Salge inc. bases its manufacturing overhead budget on budgeted direct labor-hours. the variable overhead rate is $8.10 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $74,730 per month, which includes depreciation of $20,670. all other fixed manufacturing overhead costs represent current cash flows. the direct labor budget indicates that 5,300 direct labor-hours will be required in september. the company recomputes its predetermined overhead rate every month. the predetermined overhead rate for september should be:

How did the change in textile production affect employment in spinning and weaving for adults and children?