If tims top priority is to become famous, his most likely long-term goal is to become a ?

Yen grants his cousin, art, a franchise in yen's sandwich shop. yen writes the agreement so that he controls every detail of art

Zolol [24]

In this case, Yen is still considered to be liable with the accident and that she must provide the needs of the customer due to the injuries that the customer receives because even if Art is in charge with the shop, she is still considered to be the owner which makes her liable with the accident.

4 0

3 years ago

To spur trade, Cormoran, Brithea, and Asmakush decided on economic integration where there were no barriers to trade between the

LekaFEV [45]

Answer:

Common market.

Explanation:

In order to spur trade, Cormoran, Brithea, and Asmakush decided on economic integration where there were no barriers to trade between the three countries, they agreed on a common external trade policy, and allowed factors of production to move freely between the three countries. In short, the three countries formed a common market.

A common market can be defined as a formal agreement between a group of countries in which they adopt a common external tariff on products imported from countries outside the union. It is simply a type of market involving the formal organization of countries who have collectively agree to trade freely with one another with eliminated internal tariffs but imposes a common external tariff on trade with other countries.

Common market was founded in 1958 and was made up of countries like Luxembourg, France, Belgium, Netherlands, West Germany and Italy.

The main purpose and advantage of the common market is that, it avails member countries the opportunity to move goods, people, services and capital freely.

4 0

3 years ago

A University of Iowa basketball standout is offered a choice of contracts by the New York Liberty.

Ratling [72]

Answer: The lowest interest rate at which the present value of the second contract exceeds that of the first is a. 7 percent.

Explanation:

Calculating present values is a useful way to compare cases where money is to be received in the future. The higher the present value (when comparing cases where you get money), the better. To calculate it, we make use of the next formula:

$PV=\frac{C}{(1+r)^{n}}$

Where PV: Present value,

C: Cash flow at a given period,

r: Interest rate, and

n: Number of periods that will have passed (in this case, we are talking about years).

Now, since we are getting money twice in each case (the first payment one year from today, and the final payment two years from today), we can restructure our present value formula to include these two payments. We will get something like this:

$PV=\frac{C_1}{1+r}+\frac{C_2}{(1+r)^{2}}$

Notice how each fraction represents one of the payments received, with one having an 'n' of 1 year, and the other one having an 'n' of 2 years. C₁ and C₂ represent the first and the second payment, respectively.

Now that we have our completed formula, let's review each contract's present value (PV) with the lowest interest rate (7%), just to see how it turns out. Remember that 7% equals 0.07 in any formula:

Contract A) This one gives her $100,000 one year from today and $100,000 two years from today.

$PV_{A,0.07}=\frac{100000}{1+0.07}+\frac{100000}{(1+0.07)^{2}}\\PV_{A,0.07}=93457.944+87343.873\\PV_{A,0.07}=180801.817dollars$

So Contract A's present value at 7% interest rate would be equal to $180801.817.

Contract B) The second one gives her $132,000 one year from today and $66,000 two years from today.

$PV_{B,0.07}=\frac{132000}{1+0.07}+\frac{66000}{(1+0.07)^{2}}\\PV_{B,0.07}=123364.486+57646.956\\PV_{B,0.07}=181011.442dollars$

So Contract B's present value at 7% interest rate would be equal to $181011.442, which exceeds that of Contract A.

Since among our options of interest rates, 7 percent is the lowest one, and, with this taken into account, the present value of the second contract (Contract B) exceeded that of the first (Contract A), the answer is a. 7 percent.

8 0

3 years ago

On January 1, 2013 Vick Company purchased a trademark for $400,000, which had an estimated useful life of 16 years. In January 2

antoniya [11.8K]

Answer:

$30,000

Explanation:

Usually, patents do not have a salvage value. If the useful life is 16 years, the amortization rate will be 1/16 x 100

=0.0625 x 100

=6.25%

Before January 2017, the trademark had been amortized for four years ( 2013, 2014, 2015, and 2016.)

Amortization per year = 6.25% x $400,000

=0.0625 x $400,000

=$25,000 per year: Four year amortization would be

=$25,000 x 4

=$100,000

The Book value as of January 2017 will be

=$400,000 -$100,000

=$300,000

add legal fee

=$300,000 + $60,000

=$360,000

remaining useful life = 16 -4 years = 12 years.

new depreciation rate = 1/12 x 100

=0.08333

Depreciation amount for 2017

= 0.08333 x $360,000

=$30,000

5 0

3 years ago

You want to invest some extra money by purchasing some stocks, but you do not know which company is a good investment choice. Wh

kherson [118]

Answer:

A Stockbroker

Explanation:

A stockbroker is a person engaged in the buyng and selling of stocks and securities on a recognized stock exchange on behalf of his clients/investors.

In investing some money in purchasing some stocks, a stockbroker is the right person to engage because stockbrokers buy securities and stocks from the issuing company directly and they are versatile in this aspect as they know companies with good dividends and interest. They give competent investment advice on stocks and companies issuing securities. It is best to work with and engage a stockbroker in purchasing stocks.

Stockbrokers act like the agent of their clients/investors on whom they enter transactions on the stock exchange. They own their principal, that is the investors/clients duties of reasonable care, utmost good faith, loyalty. The stockbroker has a duty to obtain the best selling price or pay the most reasonable price for the stocks on behalf of his clients.

3 0

4 years ago