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4 years ago

5

Andrew is a soybean farmer. he has a contract with a cooperative company called big beans, inc. every year big beans agrees to b

uy all the soybeans that andrew grows on his farm. big beans acquires an insurable interest in andrew's soybeans:

1 answer:

TiliK225 [7]4 years ago

5 0

When it(soybeans) are planted

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michael has a credit limit and a balance of $3,000 on his visa card. his car broke down, he charged the $500 repairs to his visa

saveliy_v [14]

Answer:

He will likely incur the penalty APR, as well as an over-the-limit fee and a late fee—because VISA has to receive his payment in its office by the 20th, not have it postmarked by the 20th is the correct answer.

Explanation:

6 0

3 years ago

A company's Inventory balance at 12/31/16 was $188,000 and $200,000 at 12/31/15. Its Accounts Payable balance at 12/31/16 was $8

Ghella [55]

Answer:

d. $704,000

Explanation:

The computation of the cash payment for merchandise is shown below:

= Opening balance of accounts payable + purchase made - closing balance of accounts payable

where,

Purchase = Cost of goods sold + closing balance of inventory - opening balance of inventory

= $720,000 + $188,000 - $200,000

= $708,000

The other items values would remain the same

Now put these values to the above formula

So, the value would equal to

= $80,000 + $708,000 - $84,000

= $704,000

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4 years ago

Complete the sentence. Entrepreneurs are visionaries who __________. A. anticipates future consumer demands B. wear vision-corre

lana66690 [7]

<span>Entrepreneurs are visionaries who can anticipate future consumer demands. An example of an entrepreneur is Marcus Lemonis who has a show on TV called 'The Profit.'</span>

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4 years ago

A medical supply company made transfers of property to a state hospital after the company was insolvent. Subsequently, the compa

Digiron [165]

Answer: Yes, because Congress was acting pursuant to the Bankruptcy Clause of Article I, Section 8, Clause 4, in subjecting the state to the Bankruptcy Act.

Explanation:

Bankruptcy Clause of Article I, Section 8, Clause 4 also know as uniform rule of naturalization states to establish a uniform rule of naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States; ArtI.S8.C4.1 Naturalization Power.

The trustee can force the state to turn over the transferred property because they act on force the state to turn over the transferred property

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3 years ago

Pierce Chocolates and Berry Sweets both have new projects that require an initial investment of $450,000 and will have annual ca

Rom4ik [11]

Answer:

Explanation:

Using a financial calculator, input the following using the "CF" button;

<u>Pierce Chocolates has 5 years of cash inflows;</u>

Initial investment ; CF0 = - 450,000

Yr1 Cashflow; CF1 = 110,000

Yr2 Cashflow; CF2 = 110,000

Yr3 Cashflow; CF3 = 110,000

Yr4 Cashflow; CF4 = 110,000

Yr5 Cashflow; CF5 = 110,000

Then compute Internal rate of return; IRR CPT = 7.09%

<u>Berry Sweets has 6 years of cash inflows;</u>

Initial investment ; CF0 = - 450,000

Yr1 Cashflow; CF1 = 110,000

Yr2 Cashflow; CF2 = 110,000

Yr3 Cashflow; CF3 = 110,000

Yr4 Cashflow; CF4 = 110,000

Yr5 Cashflow; CF5 = 110,000

Yr6 Cashflow; CF6 = 110,000

Then compute Internal rate of return; IRR CPT = 12.18% hence higher.

6 0

3 years ago