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Iteru [2.4K]
2 years ago
12

Blanche, a minor, enters into a contract to buy two all-season passes from Chalet Mountain Resort. The contract will be made enf

orceable if Blanche
Business
1 answer:
WARRIOR [948]2 years ago
7 0

Answer:

ratifies it

Explanation:

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There are two parties in any lease contract—the lessee and the lessor. To a lessor, a lease analysis involves a capital budgetin
inn [45]

Answer:

a, b

Explanation:

It is important to note that a lessor's goal is to make a profit, thus he would be more concerned about knowing what is the value realized after subtracting the lease payments from his income taxes and any maintenance expenses that must be incurred as per the lease agreement.

In order to be cost efficient, he might as well determine the net cash outlay of the lease agreement.

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3 years ago
At the beginning of the current period, crane company had balances in accounts receivable of $192,800 and in allowance for doubt
Ainat [17]

This is too confusing

6 0
3 years ago
How frequently is the value of an insurer's variable subaccounts normally calculated?
zavuch27 [327]

A variable annuity contract is often described as a mutual fund family wrapped in an annuity contract. ... Many annuities offer a wide range of investment options, with up to 50 different funds. These annuity investment options are known as subaccounts. Some companies refer to these options as investment portfolios.

8 0
2 years ago
Read 2 more answers
In business, the four basic forms of competition are
dalvyx [7]
Perfect competition, monopolistic competition, oligopoly, and monopoly.
7 0
3 years ago
LM Products has total assets of $48,900, total debt of $21,750, long-term debt of $18,100, owners' equity of $27,150, dividends
kondaur [170]

Answer:

-$1,908

Explanation:

Current liabilities:

= Total debt - Long term debt

= $21,750 - $18,100

= $3,650

Retained earnings:

= Net income - Dividend

= $5,500 - $1,925

= $3,575

Increase in assets:

= Total assets × Percentage increase in sales

= $48,900 × 4%

= $1,956

Increase in liabilities:

= Current liabilities × Percentage increase in sales

= $3,650 × 4%

= $146

Increase in retained earnings:

= Retained earnings × (1 + 4%)

= $3,575 × 1.04

= $3,718

Therefore,

External financing need:

= Increase in assets - Increase in liabilities - Increase in retained earnings

= $1,956 - $146 - $3,718

= -$1,908

7 0
2 years ago
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