Answer:
Promissory estoppel
Explanation:
Promissory estoppel means that in legal tenet that a promise or pledge can be enforced by law, actually if formulated without legal consideration, if the George now the (promisor) has made a pledge to a Susy the (promises) who then depends on that promise for a subsequent detriment. So what Promissory estoppel is expected to do is to stop the (George) promisor from insisting that an underlying promise should not be legally authorized or implemented. So Susy can sue George on the basis of promissory estoppel and get a reward for George's disappointment
Answer:
<u>Dietz corporation cash budget for the first quarter </u>
Total Receipts :
Collections from Customers $199,800
Receipts from Sale of Equipment $3,240
$203,040
Total Payments :
Direct materials $46,440
Direct labor $75,600
Manufacturing overhead $37,800
Selling and administrative expenses $48,600
Purchase of securities $15,120
$223,560
Net Receipts/(Payments) ($20,520)
Opening Balance $32,400
Closing Balance $11,880
Required Balance $27,000
Loan (Shortfall) $15,120
Explanation:
A cash Budget shows the future estimate of future cash incomes and cash expenditures.
Answer:
<h2>i hope D is right answer </h2>
Explanation:
<h2> .........7⃣7⃣7⃣7⃣7⃣7⃣</h2>
Answer:
a. ($35,000)
Explanation:
The computation of the financial advantage or disadvantage of dropping product V860 is shown below:
= Sales - Variable cost - Avoidable fixed manufacturing - Avoidable fixed selling
= $150,000 - $72,000 - $30,000 - $13,000
= $35,000
This $35,000 would be a financial disadvantage and the fixed cost should not be considered as it is not held for decision making purpose
Hence, the correct option is a
Answer: C.Any percentage less than 50 percent
Explanation:
In relation to the law on meeting the criteria to be treated as an exchange under the "substantially disproportionate" test as stipulated by U.S. Code § 302.Distributions in redemption of stock, Sam must own the lesser of 2 options of Club Corporation stock;
1. Less than 50% of the stock after the redemption
2. Less than 80% of Sam's previous ownership percentage
= 80% * 70%
= 56%
The lesser option is that of owning less than 50% so Sam must own less than 50% of stock after the redemption to meet the requirement to be treated as an exchange under the "substantially disproportionate" test.
