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Mnenie [13.5K]
3 years ago
11

BUSINESS LAW

Business
1 answer:
Maru [420]3 years ago
3 0

Answer:

The contract would be enforceable

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If there is a 30% reserve requirement on a $1,000 deposit, how much must be set aside as a member bank reserve?
Artemon [7]

Answer:

$300

Explanation:

The 30% of the $1000 deposit is $300.

6 0
3 years ago
Archie Co. purchased a framing machine for $45,000 on January 1, 2018. The machine is expected to have a four-year life, with a
yuradex [85]

Answer:

b. $10,000 and $25,000

Explanation:

For computing the the book value of an asset , first we have to determine the depreciation expense which is shown below"

So, under the straight-line method, the depreciation expense would be

= (Original cost - residual value) ÷ (useful life)  

= ($45,000 - $5,000) ÷ (4 years)  

= ($40,000) ÷ (4 years)  

= $10,000  

For two years, the depreciation would be

= $10,000 × 2 years

= $20,000

In this method, the depreciation is same for all the remaining useful life

Now the book value would be

= Acquired value of an asset - accumulated depreciation  

= $45,000 - $20,000

= $25,000

8 0
3 years ago
Gamma Corp. is expected to pay the following dividends over the next four years: $7.50, $8.25, $15, and $1.80. Afterward, the co
Delvig [45]

Answer:

The Current price of stock $35.20

Explanation:

The computation of the current share price is shown below:

Particulars         Dividend     PVF at 14%      Present value

D1                       $ 7.50        0.877       $6.58

D2                    $8.25        0.769       $6.35

D3                    $15.00  0.675       $10.12

D4                     $1.80         0.592        $1.07

D5                    $1.87  

P4                    $18.72          0.592       $11.08

                    1.87 ÷ (14% - 4%)  

Current price of stock               $35.20

6 0
3 years ago
ACTUAL EXPLANATIONS ONLY PLEASE // You project revenue to start at $5,000 for the first month and grow by $200 each month therea
adelina 88 [10]

Answer:

13.33

Explanation:

We have to write 2 equations to set equal to each other.

The first one will look like this:

200x + 5,000

The x will go with the 200 because the project revenue grows by $200 each month thereafter the start of $5,000.

The second equation will look like this:

50x + 7,000

The project begins at $7,000 and grows by $50 every month so the x will go with the 50.

Now, set them equal to each other

200x + 5,000 = 50x + 7,000

Solve

150x + 5,000 = 7,000

150x = 2,000

x = 13.333

Therefore, in the thirteenth month the project will breakeven.

<em>Hope this helps!!</em>

<em>- Kay :)</em>

4 0
3 years ago
If anyone can please help asap
KiRa [710]

Answer:

1. Negative externality: Jeff declined to buy his favorite chocolate bar because the price has increased.

2. Dollar vote: increased neighborhood crime is caused by a pawn shop.

3. Public goods: a freeway is available for all to use.

4. Positive externality: public education in the United States results in benefits for others around the world.

Explanation:

1. Negative externality: Jeff declined to buy his favorite chocolate bar because the price has increased. A negative externality arises when the production or consumption of a finished product or service has negative impact (cost) on a third party.

2. Dollar vote: increased neighborhood crime is caused by a pawn shop. A dollar vote describes how the consumer's purchasing power influences the type (quantity) of goods to be produced and supplied to the market.

3. Public goods: a freeway is available for all to use. It refers to any goods that is accessible and available to the general public at all times without an additional fee, charges or cost.

4. Positive externality: public education in the United States results in benefits for others around the world. A positive externality arises when the production or consumption of a finished product or service has a significant impact or benefits to a third party that isn't directly involved in the transaction.

7 0
3 years ago
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