Jill will not win because this is an illusory promise without consideration.
<u>Explanation:</u>
Even if Jill sues his boss Constance for not giving him the bonus that she had promised to give if her employee, Jill works with great focus and dedication, he will probably not win the case.
The reason for this is that it was just a promise and not a contract signed between that employer and that employee. It was just an illusory promise which is not enough to sue the person or the employer. So there was no benefit of doing it.
The white light shows the location of the boat and is required on all motor powered boats
Red and green tell what direction the boat is facing
Answer:
$85,000
Explanation:
Given that,
Shares sold = 50,000 shares of $3 par common stock for $5
Buys back = 10% of its common shares outstanding for $7 per share
Total equity on December 31 = $300,000
Balance in stockholder's equity without retained earnings:
= Beginning balance in stockholder's equity + Increase in stockholder's equity - Decrease in stockholder's equity
= $0 + (50,000 × $5) - (50,000 × 10% × $7)
= $250,000 - $35,000
= $215,000
Retained earnings on December 31:
= Total equity at December 31 - Balance in stockholder's equity without retained earnings
= $300,000 - $215,000
= $85,000
Answer:
(a) $0 (b) 0% (c) 50% (d) -40% (e) 0.444 and 0.556 (f) -0.05
Explanation:
(a) Profit (in $) = (increase in price per share of Harley-Davidson * number of Harley-Davidson shares held) - (decrease in price per share of Yahoo * number of Yahoo shares held)
= $90 - $60 = $30 increase in Harley Davidson and $25 - $15 =$10 decrease in Yahoo
= ($30*100) - ($10*300) = $0
(b) return on portfolio = return/capital invested * 100 = $0/($60 * 100 + $25 * 300) = $0/$13500 = 0%
(c) return on investment in Harley = return/capital invested in Harley * 100 = $30*100/$60*1000 = $3000/$6000 = 50%
(d) return on investment in Yahoo = return/capital invested in Yahoo * 100 = -$10*300/$25*300 = -$3000/$7500 = - 40% (negative rate of return)
(e) Weighting at the beginning of year (in decimals)
Harley Davidson = $60 * 100 units/ total invested ($60 * 100 + $25 * 300)
= $6000/$13500 = 0.444
Yahoo = $25 * 300 units/ total invested
= $7500/$13500 = 0.556
(f) realized returns (as a decimal) of the portfolio = 0.444*50% + 0.556*-40%
= -0.0493728
= - 0.05 (to decimal places)
Answer: The correct answer is "e. customer".
Explanation: This is an example of a firm failing to consider customer effects when setting its final list or quoted price.
This happens because customers prefer to buy these products at Walmart and Target rather than at traditional sales points.
