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zysi [14]
2 years ago
12

Renew Turf, Inc., enters into a contract with Sports Park to provide surface material for Sports Park's baseball fields by Octob

er 1 for a series to begin October 5. The contract specifies an amount to be paid if the contract is breached. This is a liquidated damages clause if the amount is:
a. meant to pay for additional liquid sealant in the event of damage
b. a reasonable estimate of the loss on a breach
c. designed to penalize the breaching party
d. intended to quickly provide cash to the non-breaching party
Business
1 answer:
densk [106]2 years ago
7 0

Answer:

b.

Explanation:

Based on the information provided within the question it can be said that this is a liquidated damages clause if the amount is a reasonable estimate of the loss on a breach. This a safety feature placed in order to recover money lost on the negligence of the party that breached the contract, so that the other party does not suffer much loss.

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A project has an initial cost of $2,400. The cash inflows are $0, $1,600, $1,100, and $700 over the next four years, respectivel
lesya692 [45]

Answer:

It will take 2.73 years to cover the initial investment.

Explanation:

<u>The payback period is the time required to cover the initial investment:</u>

Year 1= 0 - 2,400= -2,400

Year 2= 1,600 - 2,400= -800

Year 3= 1,100 - 800= $300

<u>To be more accurate:</u>

(800/1,100)= 0.73

It will take 2.73 years to cover the initial investment.

7 0
3 years ago
business ethics chapter 7 emily, a website designer, is hired by an organization to create an internal website that contains inf
Vitek1552 [10]

Answer:

The correct answer is Intranet.

Explanation:

An Intranet is a digital platform whose objective is to assist workers in generating value for the company, making available assets such as content, files, business processes and tools; facilitating collaboration and communication between people and teams.

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3 years ago
4. Wilford has developed a leg pillow for long airline flights that reduces the risk of blood clots. He isn't sure how to develo
Viefleur [7K]

To learn how people are searching online, a keyword analysis would be most relevant.

8 0
3 years ago
The risk-free rate of return is 10.5%, the expected rate of return on the market portfolio is 17%, and the stock of Xyrong Corpo
nadezda [96]

Answer:

$88.24

Explanation:

The computation of the  intrinsic value of a share of Xyrong stock is shown below;

k = risk free rate of retunr+ beta[expected market rate of return - risk free rate of return]

= 10.5% + 1.5(17% - 10.5%)

= 20.25%  

Now

growth rate = b × ROE

= .5 × 24%

= 12%

Now the intrinsic value of the stock is

= (($13 × 50%)  × (1 + 0.12)) ÷ (0.2025 - 0.12)

= $88.24

5 0
3 years ago
Question 6 write an essay on the forms of ownership​
Ne4ueva [31]

Answer:

huh?no one's got time to write an essay for you

3 0
2 years ago
Read 2 more answers
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