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3 years ago

On January 3, 2010, the partners' interests in the capital, profits, and losses of Able Partnership were

Business

1 answer:

Naya [18.7K]3 years ago

7 0

Answer:

d) Able did not terminate.

Explanation:

The partnership did not terminate. Poe and Dean leave the partnership but these transactions require the approval of the other partners.

Dean and Ritt agree to let Poe sale his share.

This new partner and Ritt agree to let Dean sold his participation. The Partner does not terminate. It moves on with the new partners.

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The manager of a small post office is concerned that the growing township is overloading the one-window service being offered. S

Rashid [163]

Answer:

1) 2 minutes

2) 7 minutes

3) Zero ( 0 ) minutes

4) yes

5) zero ( 0 ) minutes

Explanation:

1) Time required to serve

= 2 minutes

2) The operator will begin processing the fourth customer at 7 minutes

3) The fifth customer will wait in line for zero ( 0 ) minutes

4) Yes the sixth customer will get served right away

5) The average waiting time for the 6 simulated customers is Zero ( 0 )

Attached below is the simulation of the six arrivals

7 0

3 years ago

Acquiring Company is considering the acquisition of Target Company in a stock for stock transaction in which Target Company woul

ad-work [718]

Answer:

1) 0.8333

2) 16,666

3) 2.33

4) 56.40

5) 2.2

Explanation:

Share Exchange Ratio = Price per share for Target Company / Market price per share for Acquiring Company = $50 / $60 = 0.8333

New shares issued by Acquiring Company = Shares of Target Company x Exchange ratio (20,000 x 0.8333) = 16,666

Total shares outstanding of the combined companies = 60,000 + 16,666 = 76,666

Post-merger EPS of the combined companies = ($150,000 + $30,000)/ 76,666 = $2.35

Pre-merger EPS of Acquiring Company = $150,000 / 60,000 = $2.50

Post-merger share price = $2.35 x 24 (pre-merger P/E = $60.00/$2.50) = $56.40

Purchase price = 50 * 20,000 = 1,000,000

Interest expense = 1,000,000 * 8% = 80,000

Post-merger earnings = 150,000 + 30,000 – 80,000 * (1-0.4) = 132,000

Therefore, Post-merger EPS of the combined companies = 132,000/60,000 = 2.2

6 0

4 years ago

Who is the highest ranked person responsible for making sure an appealing, high-quality [product] is produced on time and within

trapecia [35]

Answer:

Producer

Explanation:

The producer of a movie, theater play, sitcom, etc., is the person in charge of securing everything that is needed in order for the movie, play, etc., to be properly carried out. That means he/she is responsible for gathering the necessary funds and paying salaries and all other expenses. The producer is also responsible for dividing the money generated by the movie, play, etc., and distributing it to the investors.

8 0

3 years ago

You have entered into a long forward contract on a dividend-paying stock some time ago, and this will expire in six months. It h

Vlad1618 [11]

Answer:

correct option is B. -$4.02

Explanation:

given data

delivery price = $40

current stock price = $35

fixed dividend yield = 8% = 0.08

risk free rate = 12% = 0.12

solution

as we know that forward contract is a agreement that is made between 2 parties ( seller or buyer ) asset in future at today fix price in specified time,

we get here long forward contract value that is express as

long forward contract = $\frac{stock\ price}{(1+dividend\ rate)^t} -\frac{forward\ rate}{e^{r*t}}$ ...................1

put here value we get

long forward contract = $\frac{35}{(1+0.08)^{6/12}} -\frac{40}{e^{0.12*6/12}}$

solve it we get

long forward contract = -$4.02

so correct option is B. -$4.02

5 0

3 years ago

On August 1, Ernie wrote to Elsie offering to sell Elsie his car for $7,600, and he promised to hold the offer open for ten days

Daniel [21]

Answer:

Yes, the contract is still valid.

Explanation:

Let us first clarify some terms first.

A contract is referred to as a legally binding agreement that is recognized, known and governs the rights and duties of the parties involved in an agreement. A contract is legally enforceable because it meets the features and approval of the law. An agreement basically involves the exchange of goods, transactions, services, money, or promises. In the case of breach of contract, the law awards the injured party access to legal remedies which include damages and cancellation.

Letter of revocation is an act by which a person having authority, calls back or in other words annuls a power, gift, or benefit, which had been bestowed upon another.

Yes, the contract still holds. This is due to the reason that the letter had a date mentioned on it which is August 4, a day before the contract was accepted even though the revocation letter arrived late.

Therefore, as regards to the date on the letter, the contract is still valid.

3 0

3 years ago