Smith could sue Davis immediately for the unpaid portion of the lease
Explanation:
If a person does not have a rental, he / she may be disposed of in due course. Landlords may sue after commencement of proceedings for unpaid rent as well as for a fair compensation for any holdover use or occupancy.
In the first of a month, if the tenant pays interest, he or she owes a proportionate amount 20 days in the following month.
The landlord can sue for 20 days ' rent, if the tenant does not pay and just moves out, provided that his security deposit is too small or has been apprehensive due to necessary repairs or cleaning.
The amount I will pay for the company's stock today is $42.40.
<h3>How much would I pay for the company's stock?</h3>
The amount I would pay for the company's stock is dependent on the value of the stock. The value of the stock can be determined using the Gordon growth model.
According to the Gordon growth model, the value of a stock is a factor of its dividend, growth rate and the rate of return.
Value of a stock = next year dividend / (rate of return - growth rate)
$2.65 / (11 - 4.75%)
$2.65 / 6.25%
$2.65 / 0.0625 = $42.40
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Answer: All of the options are correct.
Explanation:
The Allowance for Doubtful Account is a contra account because it reduces the value of the Accounts Receivable Account and does so in order to account for the possibility that some customers will not pay the amounts they owe.
It is credited when Bad debts are estimated and recorded; that way this reduction in Accounts receivable does not have to go out of the Accounts Receivable account directly.This will ensure that the Accounts Receivable Account is not volatile as it attempts to keep up with all the bad debts incurred.
Answer:
0.9
Explanation:
The formula to compute the four-firm concentration ratio is shown below:
= (Total firm sales of industry A) ÷ (Total firm sales of industry B)
where,
Total firm sales of industry A = $5 million + $2 million + $1 million + $1 million
= $9 million
And, the total firm sales of industry B would be
= $2.5 million × 4 firms
= $10 million
So, the ratio would be
= $9 million ÷ $10 million
= 0.9
The form of feasibility that incorporates both physical and mental integration of the design work system during job completion is technical.
<h3>What is operation management?</h3>
Operations management basically has to do with the efficiency of an organization in terms of its product and service offerings. It also include planning, managing and supervising in an organization.
It is to be noted that the goal of operations management is to maximize efficiency while producing goods and services that effectively fulfill customer needs
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