Answer:
Article 2 of the UCC(Uniform Commercial Code).
Explanation:
UCC is said to be an acronym which stands for the Uniform Commercial Code; this is seen also to govern many different forms of contract interactions. Article 2 in most cases are seen to cover common issues ranging from
i). Goods definition of i.e any tangible item that can be moved.
ii). Situations involving missing terms in a contract, such as a missing quantity, price etc.
iii) Contract modifications and lastly
iv). Exchanges of consideration for items of value.
Alot of research has shown in most cases that article 2 is a popularly cited provision in this body of statutes, since it governs contracts for the sale of goods between merchants or between a merchant and a non-merchant.
Ellie would have annual expenses of $15000+$3000+$1000+$1200+$35000=$55,200. If she cashed in her $20.000 deposit then her balance owing would be $35,200 so she would have to make at least this much or preferably the $55,200 to break even.,
Answer:
The company's expected market price per share After the repurchase would $23.68
Explanation:
In order to calculate the company's expected market price per share After the repurchase we would have to calculate first the Price-to-earnings ratio ( P/E ratio ) as follows:
Price-to-earnings ratio ( P/E ratio )= Market price per share / Earnings per share
Earnings per share = Earnings/ number of shares outstanding =$ 5,700,000 / $790,000 = $ 7.21
Therefore, Price -to-earnings ratio = $ 21 / $ 7.21 = 2.91
If 90,000 shares are repurchased, Therefore Earnings per share =$ 5,700,000 / $700,000 = $ 8.14
Therefore, the company's expected market price per share After the repurchase=$ 8.14 x 2.91 = $23.68
Answer:
$440
Explanation:
First and foremost the financing activities hinted in the question are as follows:
Distribution of cash dividends declared in 2017 $ 48(outflow)
Payment to retire bonds $452(outflow)
Proceeds from the sale of treasury stock (cost: $52) $60(inflow)
net cash outflows from financing activities=-$48-$452+$60
net cash outflows from financing activities=-$440
(1) c. Offers a negative-sounding apology
(2) c. Fails to offer a clear explanation
Explanation:
At the closing part of the letter, a negative sounding apology can demoralize the employees.
Hubert should have offered a well-informed explanation without sounding negative.
The letter can be re-written as follows:
Date: May 10
To: All Employees
From: Anne Leller Manager, Classic Car Restoration Inc.
Subject: Three Shelby Mustangs
You all have to work overtime next week because we must have the three 1965 Shelby Mustangs ready for Bruce Willis, one of our best clients.
We need to make sure to use all original engine parts and add a top-of-the-line clear coat on all three cars.
Additionally, the client purchased the original radios for each car, so we should install those too.
I apologize for any inconvenience, unfortunately, I am unwilling to make exceptions to this request at this point of time. However, you will surely receive an additional bonus for working overtime along with your salary.
