Sales guy works as a independent sales contractor for a Syrup Company trying to get them sales from ORU. They have an agreement whereby he will get a % of the syrup sales he brings in on sales to ORU. He works hard and lands the ORU deal and begins getting paid commissions on those sales. Sales guy then goes out and gets another deal for Syrup Company (with OU) but they never really iron out the terms, although the company knew Sales Guy was working on the OU sale and they never told him to stop. Sales Guy gets the OU deal for Syrup Company, but Syrup Company refuses to pay him his commissions. i. Is Sales Guy out of luck?
ii. Is there a sticky contract?

Expert computers was started in 2018. the company experienced the following accounting events during its first year of operation: started business when it acquired $40,000 cash from the issue of common stock. purchased merchandise with a list price of $32,000 on account, terms 2/10, n/30. paid off one-half of the accounts payable balance within the discount period. sold merchandise on account for $28,000. credit terms were 1/20, n/30. the merchandise had cost expert computers $16,000. collected cash from the account receivable within the discount period. paid $2,100 cash for operating expenses. paid the balance due on accounts payable. the payment was not made within the discount period. required record the events in a horizontal statements model below. in the cash flows column, use the letters oa to designate operating activity, ia for investing activity, fa for financing activity, or nc for net change in cash. if the account is not affected by the event, leave the cell blank. the first event is recorded as an example. what is the amount of gross margin for the period? what is the net income for the period?