Answer:
Mary can cancel the transaction at any time before midnight of the third business day thereafter.
Explanation:
If she is having second thoughts about the deal , then Mary can cancel the transaction at any time before midnight of the third business day thereafter this is due to the fact that Mary may exercise the right to rescind or cancel the transaction until midnight on the third day after the transaction. She can cancel the deal at no cost to herself within 3 days of closing.
Answer:
A.) Project A only
Explanation:
Given that
For project A
Pay back = 2.9 years
Net present value = $4,200
For project B
Pay back = 3.1 years
Net present value = $26,400
Based on the above information and payback decision rule, The project A should be accepted as it it contain less period compared to the project B i.e 2.9 years to 3.1 years
Hence, the correct option is a.
Answer:
Sanders Sporting Goods Company
The statement that supports the plaintiff's argument that Sanders is liable for sexual harassment is:
C) Sanders lacks a management response system for handling sexual harassment complaints.
Explanation:
A management response system will show that Sanders is not liable for the sexual harassment of this former employee. Sanders must have done what is required before the case gets out of its hand by ensuring that the co-worker and everyone else fully appreciates the company's policy on the issue. For example, it can publish its policy regularly to enable everyone to be on the same page.
Answer: 128,000 materials; 144,000 conversion
Explanation:
Materials
Equivalent Units of Production = Units transferred out + Percentage complete of ending inventory
= 120,000 + (20% * 40,000)
= 128,000 units
Conversion
Equivalent Units of Production = Units transferred out + Percentage complete of ending inventory
= 120,000 + (60% * 24,000)
= 144,000 units
Answer:
$51,608.69
Explanation:
Given that
Interest rate = 5%
Future value = $85,000
Time period = 10 years
So by considering the above information, the Present value is
= Future value ÷ (1 + interest rate)^time period
where,
Future value = $85,000
Interest rate = 5% ÷ 12 months = 0.4166%
Time period = 10 years × 12 months = 120 months
Now the present value is
= $85,000 ÷ (1 + 0.4166%)^120
= $51,608.69