Answer:
Yes
Explanation:
There was a valid consideration because an amount of money $10,000 was promised and clearly agreed between both parties Erin and Stephanie.
There is an enforceable contract because there was an offer and acceptance; mutual obligation and consideration, and the subject matter was not illegal.
Contracts must not be written to be enforceable. Erin and Stephanie's contract was oral and still enforceable. The question however will be if Erin is of age to be able to pay $10,000 otherwise the contract may not be enforceable or binding.
What is being described above would be an ONLINE SAVINGS ACCOUNT. This kind of account is similar to a basic bank account but it gives a higher interest rate since it is only operated online and does not possess that overhead that standard banks have. The answer is option C.
Answer:
True
Explanation:
Return on assets (ROA) is she valuable measure in assessing the effectiveness of company management in utilizing company capital. It is calculated
ROA=
Total Assets/
Net Income
where:
Total Assets=Shareholder Equity+Liabilities
Return on assets is closely related to return on equity as they are both almost used for same purpose which is measuring management's effectiveness in capital utilization. Return on equity differs from return on assets by the inclusion or exclusion of the debt factor in calculating them.
The relationship between ROA and ROE is demonstrated in DuPont formula which is given
ROE=profit margin*asset turnover*shareholder equity
Answer: the VRIO framework
Explanation:
VRIO is an acronym that stands for for value, rarity, imitability, and organization. The four framework are used to determine and know whether a company has competitive advantage over its competitors
It should be noted that the VRIO framework is an internal tool used by organizations.
