Can totally vary. Normally, it can create 1,000 dollars up to 2,000 dollars if it's a good investment.
Answer:
d. The accept/reject decision depends on the firm's risk-adjustment policy. If Norris' policy is to increase the required return on a riskier-than-average project to 3% over rS, then it should reject the project.
Explanation:
The accept/reject decision depends on the firm's risk-adjustment policy. If Norris' policy is to increase the required return on a riskier-than-average project to 3% over rS, then it should reject the project.
Answer and Explanation:
The Journal entry is shown below:-
October 1
Cash Dividends Dr, $335,000
To Cash Dividends Payable $335,000
(Being a cash dividend is recorded)
November 7
No Journal entry is required
December 15
Cash Dividends Payable Dr, $335000
To Cash $335,000
(Being a cash dividend is recorded)
Answer:
Explanation:
Unit level costs = $45*1000= $45,000
Add: Additional costs = $10,000
<em>Total cost $55,000</em>
Number of units 1000
cost per unit = 55,000/1000 = $55
At $55 company will be between accepting and rejecting the special order
Answer:
d. Debra will prevail, as Ted is bound to the contract
Explanation:
Options are <em>"a. Ted will prevail because Debra was a minor when the contract was formed b. the contract is illegal c. the contract is void d. Debra will prevail, as Ted is bound to the contract"</em>
The general rule is that a minor can enter into any contract an adult can, provided that the contract is not one prohibited by law for minors such as the sale of alcoholic beverages or tobacco. Debra is a minor (below age of 18) and she can honor the contract or make it Void. Since she did not make it Void the contract, Ted is bound to the contract as per the Contract Act. So, Debra can recover because Ted was bound to the agreement. Hence, the correct answer is <u>Debra will prevail, as Ted is bound to the contract</u>.
