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meriva
2 years ago
15

Leona enters into a contract with munchies bakery to cater a sales conference. when the conference is postponed indefinitely, le

ona asks a court to cancel the contract and return the parties to the positions that they held before its formation. this request involves
a. an action that the court cannot order.
b. specific performance.
c. an injunction.
d. rescission.
Business
1 answer:
BigorU [14]2 years ago
3 0

I guess the best option is letter D.

Leona enters into a contract with Munchies Bakery to cater a sales conference. When the conference is postponed indefinitely, Leona asks a court to cancel the contract and return the parties to the positions that they held before its formation. This request involves <u>rescission.</u>

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Studies indicate that the price elasticity of demand for beer is about 0.9. A government policy aimed at reducing beer consumpti
Aleonysh [2.5K]

Answer:

The government policy should have reduced beer consumption by 0.6 or 60%

Explanation:

Mid point formula calculates the ratio of mid point of change in demand and change in price to their average value. Then these changes are used in the calculations of elasticity of demand.

According to given data:

Elasticity of demand = 0.9

Midpoint of price  = (20-10) / [(20+10)/2] = 10 / 15 = 0.6667

Elasticity of Demand = Midpoint of demand / Midpoint of price

0.9 = Midpoint of demand / 0.6667

Midpoint of price = 0.9 x 0.6667 = 0.6

Change in demand is should reduce the consumption by 0.6 or 60%.

4 0
2 years ago
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When will six thousand years of creation be?
goldfiish [28.3K]
Nobody really knows the real answer to this
3 0
3 years ago
You have decided to use Holland's Typology of Personality and Congruent Occupations to help your friends recognize which jobs th
Rus_ich [418]

Answer:

The correct answer is letter "C": realistic.

Explanation:

American psychologist John L. Holland (1919-2008) proposed a theory summarizing people's personalities in six (6) types: <em>Realistic, Investigative, Artistic, Social, Enterprising, </em>and <em>Conventional</em>. Realistic individuals tend to be shy, genuine, persistent, stable, confirming, and practical. They usually work as mechanics, drill press operators, assembly-line workers or farmers.

Thus, <em>in Holland's Typology of Personalities Monica would be considered as realistic.</em>

7 0
3 years ago
Adams and Collin Enterprises expect earnings and dividends to grow at a rate of 25% for the next 4 years, after the growth rate
ollegr [7]

Answer:

the intrinsic value of the stock is 42.97

If the stock is priced at 40 dollars it would be a good idea to purchase the share as will provide a better yield than the cost of capital of 9.6%

Explanation:

First, we solve for the cost of equity using the CAPM:

Ke= r_f + \beta (r_m-r_f)

risk free = 0.03

market rate = 0.09

premium market = (market rate - risk free) = 0.055

beta(non diversifiable risk) = 1.2

Ke= 0.03 + 1.2 (0.055)

Ke = 0.09600

<em>Now we solve for the intrinsic price using the gordon model</em>

<em>with multi-stage growth:</em>

First, we calcualte the future dividends

grow rate Dividends

0                1.25

1 0.25       1.5625

2 0.25       1.953125

3 0.25       2.44140625

4 0.25       3.051757813

4 0.03     3.143310547

Now in the last year, we calcualte using the gordon model or constant grow:

\frac{3.143310547}{0.096-0.03} = Intrinsic \: Value

32.7128182

Now we calculate and add together the present value of each of this future cash flow to determnate the intrinsic  value ofthe share:

\frac{Principal}{(1 + rate)^{time} } = PV

Present Value

1 1.5625 / (1+0.096)^1     =  1.425638686

2 1.953125 / (1+0.096)^2 = 1.625956531

and so on, giving the following values:

3 1.854421226

4 2.114987712

present value of the future dividends at 3% 22.67126448

<u>Finally we add them and get:</u>

42.97160726

8 0
3 years ago
A company is usually unable to take advantage of economies of scale during the __________ stage of the product life cycle.
AfilCa [17]

The Correct Answer Is C.

Growth

5 0
3 years ago
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