Answer:
If the offer is rejected by the Dall then the offer is no more in place. The particular reason is that Martin is not required to tell Dall that the offer is no more in place. Suppose Martin is wishing to close his offer and till now Dall has not declined the offer. So Martin will have to communicate Dall that the offer is been closed. If Dall has communicated Martin that he has rejected the offer, then this means the offer essence has vanished. Hence Martin has no liability towards Dall, if Dall sues him.
Answer:
B. 16.50%
Explanation:
We know,
according to Capital Asset Pricing Model (CAPM), the expected return, E(r) = risk-free rate + (expected return on the market - risk-free rate) × beta
Given,
Risk-free rate = 2.50%
Expected return on the market = 9.5%
Beta = 2 (We know market beta is 1. As Metz Industries stock twice as risky as the market on average, the beta of the company is 1×2 = 2.)
Putting the values in to the formula, we can get,
The expected return, E(r) = 2.50% + (9.5%- 2.50%) × 2
E(r) = 2.50% + 7% × 2
E(r) = 2.50% + 14%
E(r) = 16.5%
Therefore, the option B is the answer.
Answer:
The answer is $793.50
Explanation:
To solve this, we will use the annual interest formula for simple interest, which is:
A = P(1 + <em>rt</em>)
Where:
- A is the final amount including principal
- P is the principal amount = $750
- <em>r</em> is the rate per year = 2.9% or 0.029 (that is 2.9 divided by 100)
- <em>t</em> is the number of years = 2 years
Next, we input these into the equation as follows:
A = 750(1 + 0.029 x 2)
A = 750(1 + 0.058)
A = 750(1.058)
A = 793.5
Therefore, Susan earns $793.50
If the price of the steel used to produce steel falls, it would cause the price of American cars to fall.
<h3>How does the price of resources affect demand?</h3>
The price of a resource used in the production of goods can have a huge effect on the price.
If the price of steel is high, it would make the price of cars to be on the increase hence reducing the demand for the product in the market.
Read more on demand here:
brainly.com/question/1288364
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Answer:
Closing inventory based on Specific IDENTIFICATION
7 Dec purchase ( 20-16) = 4 * $16 = $64
14 Dec purchase ( 35 -14) = 21*$24 = $504
21 Dec purchase 30*$29 = $870
closing inventory 31 Dec <u>= $1438</u>
Explanation:
The question is incomplete but here is a complete one
Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Also, on December 15, Monson sells 30 units for $40 each.
Purchases on December 7 20 units @ $16.00 cost
Purchases on December 14 35 units @ $24.00 cost
Purchases on December 21 30 units @ $29.00 cost
Required:
Monson sells 30 units for $40 each on December 15. Of the units sold, 16 are from the December 7 purchase and 14 are from the December 14 purchase. Monson uses a perpetual inventory system. Determine the costs assigned to the December 31 ending inventory when costs are assigned based on specific identification.