Herbie Bittman, age 17, executed a contact for the purchase of a pleasure car from a used car dealer or $2000. When Herbie changed his mind and attempted to return the car three months later the sales manager, Sam Dichter, said, "The contract is legally valid and all sales are final. I am not taking the car back." Herbie, who has not turned 18, come to you for advice. Was Dichter's statement legally correct? Why or why not?

As related to a company completing the purchase to pay process, is there an accounting journal entry "behind the scenes" when xyz company pays for the goods within 10 days of the invoice (gross method is used for discounts and terms are 2/10 net 30) that updates the general ledger?

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november. materials conversion costs total equivalent units

Careers in designing, planning, managing, building and maintaining the built environment can be found in the following career cluster: a. agriculture, food & natural resources b. architecture & construction c. arts, audio-video technology & communications d. business, management & administration