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lara31 [8.8K]
3 years ago
14

A vendor offers to provide a $500 payment to a teacher for going “above and beyond” their normal duties and assisting the vendor

deliver tutoring services. The principal considers it a stipend and approves. Is this allowable?
Business
1 answer:
elena55 [62]3 years ago
4 0
Most likely not but its a nice thing to do.
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A developer would most likely obtain which of the following types of mortgage on a new subdivision?
ArbitrLikvidat [17]

Answer:

Blanket Mortgage

Explanation:

This type of mortgage would suit developers because of their intention to create many individual parcels out of a large tract of land in order to be resold gradually. Blanket mortgage is a loan type that are used for buying more than one real estate property. This loans are popular with builders and developers because they buy huge lands and sell them in small bits over a period.

7 0
3 years ago
Help-. You and a friend are designing and selling artisan smartphone covers. The covers are decorated with tiny manufactured rhi
GuDViN [60]
I believe it would be capital.  You have to invest in the jewels to complete the cases.
8 0
3 years ago
Raby, Inc. acquires all of the outstanding stock of Fletcher Corporation on January 1, 2017. At that date, Fletcher owns only th
Nina [5.8K]

Answer:

D. $285,000

Explanation:

When a company is acquired by another company, the parent company (the new owner) must report the assets at fair market value - amortization.

FV = $300,000

amortizable value = $100,000

depreciation for 3 years (2017, 2018 and 2019) = ($100,000 / 20) x 3 = 415,000

reported value = $300,000 - $15,000 = $285,000

6 0
3 years ago
Westover Winds just paid a dividend of $2.10 per share. The company will increase its dividend by 8 percent next year and will t
Alla [95]

Answer:

Price today = $26.54

Explanation:

The price of the stock can be calculated using the Dividend Discount Model (DDM). The DDM values the stock based on the present value of the expected future dividends from the stock.

The formula to calculate the price of the stock is attached.

Price today = 2.1 * (1+0.08) / (1+0.11)  +  2.1 * (1+0.08) * (1+0.06) / (1+0.11)^2  +  

2.1 * (1+0.08) * (1+0.06) * (1+0.04) / (1+0.11)^3  +  

[(2.1 * (1+0.08) * (1+0.06) * (1+0.04) * (1+0.02)) / (0.11 - 0.02)] / (1+0.11)^3

Price today = $26.54

7 0
3 years ago
Joshua is retired. He lives on a fixed pension. His daughter Sue just bought a house. She has fixed rate of interest on her mort
Radda [10]
<h2>Joshua would lose and Sue would benefit from unanticipated inflation.</h2>

Explanation:

  • Both Joshua and Sue are associated with fixed pension and fixed interest respectively.
  • Now the value of money goes down due to inflation
  • So to live as usual, Joshua need to spend some extra money. But considering the fixed income, it's a lose to Joshua
  • Whereas Sue is associated with fixed interest of mortgage. She is benefited because, though the inflation has changed the value of all other products, but the fixed interest rate does not change.
  • "Fixed-rate mortgage holders are inflation winners", says "Thoma, professor of economics at the University of Oregon"
6 0
3 years ago
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