Answer:
The court will rule in favor of Judy
Explanation:
Kristy made a valid offer to Judy and Judy accepted it before Dave accepted Kristy´s offer so Judy's acceptance should prevail.
In the offer letter, Kristy told Judy to "please respond to Bruce Townsend", but she did not specify that the only proper mode of acceptance was the response to Bruce. Since she did not specify that Judy could not respond directly to her, Judy's letter of acceptance to Kristy's offer is valid.
Kristy should have been more specific in stating that the only proper mode of acceptance was a response to Bruce.
The three specific signals that a country’s BOP data can provide are:
The BOP is an significant pointer of burden on a country's foreign exchange rate, and therefore on the possible for a firm swapping with or capitalizing in that country to practice foreign exchange gains or losses. Fluctuations in the BOP may forecast the burden or elimination of foreign exchange controls.
Modifications in a country's BOP may indicate the nuisance or removal of controls over imbursement of dividends and interest, royalty fees, license fees, or other cash payments to foreign companies or stockholders.
The BOP assists to predict a nation's market prospective, particularly in the short run. A country undergoing a grave trade shortfall is not expected to enlarge imports as it would if successively a surplus. It may, though, welcome investments that grow its exports.
If there is an insufficient contribution margin to cover fixed expenses, there will always be an occurrence of a net loss.
<h3>What is a Contribution Margin?</h3>
The contribution margin can be expressed in gross income terms. After subtracting the variable element of the firm's expenditures, it indicates the extra money gained for each product sold.
The contribution margin is calculated by subtracting the selling price/unit from the variable cost/unit.
This metric displays how much a certain product adds to the company's total earnings. It displays the share of revenue that helps to pay the firm's fixed costs and gives one approach to illustrate the profit potential of a certain product supplied by a company.
Therefore, If there is an insufficient contribution margin to cover fixed expenses, there will always be an occurrence of a net loss.
Learn more about contribution margin here:
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Answer:
D, sales comparison approach, income approach, cost approach
Explanation:
The cost approach of appraisal of real estate is a method of valuation that is based on the belief that informed buyers of a property would not pay more than they would for a product of similar utility. But then the method of valuation expects a buyer to pay for a property the amount it would cost to build a similar property. Cost approach can be calculated by
Property Value = Land Value + (Cost New – Accumulated Depreciation).
Income approach of real estate appraisal is a method of valuation that establishes the fact that the fair value of a property should be calculated by the amount of money the property generates. It is calculated by dividing the net operating income by the capitalization rate.
Sales approach appraisal method is also a method of valuation of real estate that involves comparing a property that is up for sale with properties that has similar characteristics or features and that was sold recently. It uses the individual characteristics of the property to detrmine the value of the property.
Cheers.
Answer:
$1,140,000
Explanation:
Calculation to determine what the bank's NII will change by
First step is to calculate the bank's one-year repricing gap
Using this formula
Repricing gap=RSAs - RSLs
Where,
RSAs =Securities+Short-term loans
RSLs =Variable-rate Deposits+Fed funds
Let plug in the formula
($ Million)
Repricing gap=[$300 + $225] - [$260 + $75]
Repricing gap=$190
Now let calculate what the bank's NII will change by
Using this formula
Change in bank's NII=Repricing gap*Interest rates
Let plug in the formula
Change in bank's NII=$190,000,000*0.0060
Change in bank's NII =$1,140,000
Therefore If the spread effect is zero and all interest rates increase 60 basis points, the bank's NII will change by $1,140,000
