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Yuri [45]
3 years ago
14

Pico, a famous chef, agrees to give ten culinary les-sons to rhoda in exchange for $1,200. pico's attempt to transfer his contra

ct duties to sven, an unknown sous-chef, will probably be
Business
2 answers:
IrinaK [193]3 years ago
8 0

Pico's attempt to transfer his contract duties to Sven, an unknow sous-chef, will probably be declined. If Rhoda paid Pico for the lessons and they had the exchange of money for services, he is in charge of completing the lessons with Rhoda. In some situations where both parties agree to a change in sessions it may be allowed, but without futher information, we have to assume that Rhoda wants the lessons with Pico due to him being a famous chef.

sladkih [1.3K]3 years ago
3 0
<span>Answer: Prohibited because contracts may not be freely delegated.</span>
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Southern Tours is considering acquiring Holiday Vacations. Management believes Holiday Vacations can generate cash flows of $218
Pepsi [2]

Answer:

$519,799.59

Explanation:  

Discount rate = R = 14.50%

Year    Cash flows     Discount factor     PV of cash flows

1            218,000.00          0.873362            190,393.0131  

2           224,000.00          0.762762           170,858.6793

3           238,000.00          0.666168            <u>158,547.9011</u>

          Total of PV = NPV =                           <u> $519,799.59</u>

<u />

Note:

Df = 1/(1+R)^Year

PV of cash flows = Cash flows x Df

7 0
3 years ago
A _____ is targeted to borrowers with low credit scores, high debt-to-income ratios, or other signs of a reduced ability to repa
Andrej [43]
It would be <span>Subprime mortgage loan.
Hope this helps! :D</span>
3 0
3 years ago
Aden is a small engine mechanic who earns a regular hourly rate of $15.68. For overtime, he earns time and a half on Saturdays a
garri49 [273]

Answer:

Total pay is : $909.44

Explanation:

$15. 68/2 = 7.84 times 8 = 627.20

15.68 times 2 = 31.36 times 7 = 219.52

$627.20 +$ 62.72 + $219.52 = $ 909.44

3 0
2 years ago
Blade pays tax of $5,000 on taxable income of $50,000 while Caden pays tax of $12,000 on taxable income of $100,000. What type o
serg [7]

Answer:

Correct option is (c)

Explanation:

Progressive tax rate depends upon the income of the individual. In other words, progressive tax rate increases as income increases. So, higher income group have to pay more taxes as compared to lower income group.

Proportion of tax collected from high income group is more in case of progressive tax rates. In this case, Blade's tax rate is 10% that is 5,000/50,000 and Caden's tax rate is 12% that is 12,000/100,000.

So, tax rate is higher for Caden as compared to rate applicable on Blade's income.

8 0
3 years ago
A firm’s management analyzes financial statement’s so that: a. they can get feedback on their investing, financing, and working
Zepler [3.9K]

Answer:

d. a and b

Explanation:

A firm’s management analyzes financial statement’s so that:

Evaluating company's performance, by analyzing the financial statements in respect of various areas of financing, investing and operating activities, and then comparing the performance with past records and industries of same category.

Further the firm's management is responsible to take decision of dividend, and return to be paid to equity and various other stakeholders, thus both options a and b are correct.

Correct answer

d. a and b

7 0
2 years ago
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