No because a never had b sign a contract. Without any written contract signed by b, a has no legal evidence of his claim.
Hope this helps! Merry Christmas!
Answer:
there is a conference for school principals coming to town
Explanation:
Answer:
Orion Flour Mills Journal entry
Dr Equipment 62,400
Dr Prepaid Insurance 500
Cr Cash 2,900
Cr Accounts Payable 60,000
Explanation:
Calculation for cost of equipment
Purchase price 55,000
Add: Sales tax 5,000
Add: Shipment of machine 800
Add: Installation 1,600
Total Cost of Equipment 62,400
Calculation for Cash
Shipment of machine 800
Add Insurance on the machine for the first year 500
Add Installation 1,600
Total Cash 2,900
Calculation for Accounts Payable
Purchase price 55,000
Add: Sales tax 5,000
Total Account payable 60,000
Answer:
b. $2.50
Explanation:
Dividend paid = 45%*12,50,000
= $562500
dividend per share = 562500/225000
= $2.50
Therefore, The dividend per share should it declare is $2.50