Answer: The court would likely approve Elliot's request in the following situation: <u><em>The corporation was under-capitalized from the beginning, and never had sufficient assets to operate as a viable business.</em></u>
Under the given scenario i.e. for a breach of contract , the condition will apply if the corporation i.e. Acme Inc. was under-capitalized from the start, and they never had predominating assets to work as a viable organization.
<u><em>Therefore the correct option is (a)</em></u>
Answer:
Blume's formula combines the geometric and arithmetic means of an asset to be able to predict its returns in a given period.
The formula is;
= Geometric Mean*(T-1)/(N-1) + Arithmatic Mean *(N-T)/(N-1)
Where,
T = Period in question
N = Total period
6 years
= 10.3%*(6-1)/(38-1) + 12.4%*(38-6)/(38-1)
= 12.1 %
10 years
= 10.3%*(10-1)/(38-1) + 12.4%*(38-10)/(38-1)
= 11.89%
19 years
= 10.3%*(19-1)/(38-1) + 12.4%*(38-19)/(38-1)
= 11.38%
Answer: The answer has been attached below
Explanation:
A journal entry is the act of making records of any transactions. The transactions are listed in a way that shows the company's debit and credit balances.
It should be noted that:
February 3, the journal entry was recorded in supplies account debit ($650) and the account payable credit ($650).
February 26, the journal entry was recorded in equipment account debit was ($3000 + $4000) and the cash account credit ($3000) and the account payable credit ($4000).
Further entries has been recorded in the attached document.
Answer:
a change in buyer tastes.
Explanation:
Increase in demand for doughnut can be caused by:
1. Change in buyers tastes: if the taste of consumers change in favour of doughnut, the demand for doughnut increases.
2. Increase in the price of substitutes: if the price of a substituite e.g. bagel increases, the demand for doughnut increases because consumers would subsituite a bagel for doughnut. Coffee can't be considered as a subsituite for doughnut.
3. Increase in income : if income increases, demand for doughnut increases.
Increase in cost of production reduces supply and doesn't affect demand.
I hope my answer helps you
Answer: your order will not be shipped as the money you have on the debit card is not adequate, unless you have and use a credit card for the transaction.
Explanation:
