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zhannawk [14.2K]

3 years ago

8

A contract provides that if a dispute arises the parties will submit to arbitration. One party files a suit against the other pa

rty. The court will likely________________.

1 answer:

MrRissso [65]3 years ago

3 0

Answer: Submit it to arbitration.

Explanation:

The court will submit the case to arbitration making the lawsuit pending till the outcome of arbitration.

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A buyer failed to take advantage of the vendor's credit terms of 2/10, n/45, but instead paid the invoice in full at the end of

Neko [114]

Answer: 20.86%

Explanation: From the question, the credit term is 2/10, n/45. Which means that the customer gets a 2% discount if payment is made within 10 days. But the customer did not make use of this offer. The equivalent annual Interest lost on the amount of purchases is :

365/ (45-10) * 0.02 = 365/35*2%

= 0.20857 *100= 20.86%

This is calculated using 365 days in a year.

5 0

3 years ago

Financial statement data at December 31 for Ecco Company are as follows: Cost of goods sold $552,500 Inventories: Beginning of y

nikitadnepr [17]

Answer:

b.112.3 days

Explanation:

The computation of the number of days' sales in inventory for the year is shown below:

Day inventory outstanding = {(Beginning inventory + ending inventory) ÷ 2}÷ cost of goods sold × number of days in a year

= {($200,000 + $140,000) ÷ 2} ÷ ($552,500) × 365 days

= ($170,000) ÷ ($552,500) × 365 days

= 112.3 days

7 0

3 years ago

First National Bank charges 13.1 percent compounded monthly on its business loans. First United Bank charges 13.4 percent compou

FinnZ [79.3K]

Answer:

EAR for First national Bank = 13.92 %

EAR for First United Bank = 13.85 %

Explanation:

given data

First National Bank charges = 13.1 percent

compounded monthly , 1 year = 12 month

First United Bank charges = 13.4 percent

compounded semiannually , 1 year = 2 semiannually

solution

we get here first EAR for First national Bank that is express as

EAR for First national Bank = $(1+ \frac{r}{n} )^n - 1$ .....................1

here r is rate and n is month

so put here value

EAR for First national Bank = $(1+ \frac{0.131}{12} )^{12} - 1$

EAR for First national Bank = 13.92 %

and

EAR for First United Bank is

EAR for First United Bank = $(1+ \frac{r}{n} )^n - 1$ ..................2

here r is rate and n is semi annually

EAR for First United Bank = $(1+ \frac{0.134}{2} )^2 - 1$

EAR for First United Bank = 13.85 %

here First United bank EAR is less

5 0

2 years ago

The Fed has decided to expand the money supply, leading to lower interest rates. As a partner in a tech start-up, you react to t

Alona [7]

Answer:

A, B and D

Explanation:

Expanding the money supply is an exercise of expansionary monetary policy.

This decision will first allow our tech startup to acquire cheaper loans and expand our operations, this expansion in operations will result in new employment opportunities and hence as a result, unemployment will be reduced assuming this is a general trend in the economy.

This decision also directly reflects an increased investment and hence the GDP on the whole and the investment part of GDP would both increase,

GDP = C + I + G + (X - M), where I = investment.

This change in macro economy will increase aggregate demand due to expansionary effects. Increase in imports is not conclusive as it may or may not happen depending upon the demand state.

Hope this helps.

8 0

3 years ago

An RBS Risk Impact Assessment benefits from information gathered from: I. Onsite examination II. Offsite examination III. News r

Ivan

not being rude but how many question do you have how do you do that

i know the answer though

4 0

2 years ago