The contracts Joe entered into will not be considered fraudulent. This is because, Joe made no material statement that he is a medical doctor. There are many types of doctor and Joe did not specify the type of doctor he is because of this the contracts he entered into can not be considered fraudulent.
Since the cost of $20,000 has been incurred two years ago, the firm should check and see as to how many units of the product were produced in the two years. Did the firm produce enough items to break even the cost of acquisition. Additionally the business should also check the current market value of this two year old equipment. The business manager should weigh in the savings that is to be obtained from outsourcing along with the resale value of the old machine and then take a declension as to whether the company should go for outsourcing. Also, the business manager must examine whether the outsourcing can happen for the long run. This is because two years down the line, outsourcing may have increased the cost and again another process may look attractive. So a through cost benefit analysis should be made before taking a decision.
Answer:
$12,500
Explanation:
Assets are classified under current and fixed categories. Among items that Granger owns, a boat is an asset; specifically a fixed asset since it can be utilized over a year. Same reason for a car, which is also a fixed asset. Tools help in operating a business hence considered fixed assets as they can be utilized for more than a year. The total value of assets is (4000+8000+500)
Total value = $12,500
Answer:
$81.52
Explanation:
To determine the price of the stock, one has to calculate the present value of the stock.
The present value is the sum of discounted cash flows.
Present value can be calculated using a financial calculator
Cash flow in year 1 = $3
Cash flow in year 2 = $4.25
Cash flow for year 3 = $100 + $6 = $106
I = 12 %
Present value = $81.52
The price one would pay for the stock today is $81.52
To find the PV using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
I hope my answer helps you
<span>The Great Leap featured communes without machines, while European industrialization included factories.</span>
