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Aloiza [94]
3 years ago
9

In December 2012, Eric hires a band to play at a huge graduation party he is planning to hold in May, 2014. The deal is never pu

t into writing. In January 2014, if he wanted to cancel the job, Eric _______ be able to do so. If he does not cancel, and if the band shows up and plays at the party in May 2014, Eric _________ have to pay them.
Business
1 answer:
Katarina [22]3 years ago
4 0

Answer:

Will; Will

Explanation:

Eric will end up have to pay them if he unable to cancel in the first place.

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A firm has four different investment options. Option A will give the firm $10 million at the end of one year, $10 million at the
xxMikexx [17]

Answer:

The answer is "Option D".

Explanation:

Using the formula for calculating present value:

= \frac{Future \ value}{(1+r)^n}\\\\

that's why "Option D" is correct.

8 0
3 years ago
A small open economy with a fixed exchange rate e2 is initially at equilibrium A with LM*1 and equilibrium output Y1. If there i
anastassius [24]

If there is an increase in government spending, the new equilibrium will be at <u>B</u> holding everything else constant.

<h3>What is government spending?</h3>

Government spending can be the defined as the money spent on goods and service or money spent by government to provide services to the public.

An increase in government spending will tend to lead to increase the demand of goods and service which inturn means that consumption expenditure will as well increase.

Inconclusion the new equilibrium will be at <u>B</u> holding everything else constant.

Learn more about Government spending here:brainly.com/question/27232573

6 0
2 years ago
Velco purchased a delivery truck at the beginning of Year 1 at a cost of $60,000. The truck is estimated to have a useful life t
Alenkinab [10]

Answer:

$10,000

Explanation:

Depreciation of an asset is the systematic allocation of estimated cost to an asset over time. It is added over the years to get the accumulated depreciation that is netted off the cost to get the net book value.

It is given as

Depreciation = (Cost - Salvage value)/Estimated useful life

Depreciation expense for Year 1 (the first year of the asset's life) under the straight-line method would be

= ( $60,000 - $10,000 ) / 5

= $50,000/5

= $10,000

5 0
2 years ago
Goofy Inc. had accounts receivable of $200,000 and an allowance for uncollectible accounts of $8,500 just before writing off as
SpyIntel [72]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
7 0
3 years ago
Which of the following would be the best place to discuss your interests or extracurricular activities?
Alinara [238K]

Answer:

B. A cover letter

Explanation:

An internship is a student working in an organization, a cover letter (which is the right answer) can state your interests or extracurricular activities to show your interest in taking the job, a resume is for your past job experiences and a thank you letter is... a thank you letter-

8 0
3 years ago
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