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4 years ago

When footwear has greater traction, what does this mean?

Business

2 answers:

timofeeve [1]4 years ago

8 0

Answer:

Explanation:

Think of the football cleats on the field. They have better grip which is why they don't slip as often as someone on a basketball court would.

Fiesta28 [93]4 years ago

4 0

B. Because your shoes have more traction and your shoes are most likely to help you not slip

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Mitchell and Powell form Green Corporation. Mitchell transfers property (basis of $105,000 and fair market value of $90,000) whi

zheka24 [161]

Answer:

Neither Mitchell nor Powell has any gain or any loss

Explanation:

8 0

3 years ago

You want to buy a house and will need to borrow $295,000. The interest rate on your loan is 6.37 percent compounded monthly and

svetlana [45]

Answer:

$1,839.45

Explanation:

PV = P * [1-(1+r)^-n / r]

n = 30*12=360 months, r = 6.37%/12 = 0.5308% (monthly)

295,000 = P*[1 - (1+0.005308)^-360 / 0.005308}

295,000 = P * $160.3739

P = $295,000 / $160.3739

P = $1,839.45

So, the monthly mortgage payments is $1,839.45.

4 0

3 years ago

Suppose your boss tells the people you work with, "If any worker shows up at my house on Saturday and helps me clean my pool for

ozzi

Answer:

Unilateral contract

Explanation:

An unilateral contract is a contract that can only be enforced when the performing party performs the action that he agreed upon. It is only when this actions is completed, that the offering party is obliged to make a payment.

In this case, your boss has offered $75 if you clean the pool. This is an unilateral contract because your boss is only obliged to pay that money once you finished cleaning the pool. If you never clean the pool, you simply will not receive the $75.

6 0

3 years ago

Nichols Corporation's value of operations is equal to $600 million after a recapitalization (the firm had no debt before the rec

Daniel [21]

Answer:

The answer is $750 millions

Explanation:

After recapitalization, the Weight of Debts of Nichols Corporation is 25%. Hence, its Weight of Equity Capital is: 100% - 25% = 75%.

The formula of Value of Operations as follows:

Value of Operations = Weight of Debts x Value of Debts + Weight of Equity Capital x Value of Equity Capital

Because Nichols Corporation's value of operations is equal to $600 million after recapitalization, we have the following equation with S as the value of equity after the recap:

600 = 25% x 150 + 75% x S

=> S = (600 - 25% x 150) / 75% = 750

8 0

3 years ago

Kelvie Inc. is a manufacturing company and held the following investments during 2012. Show how each investment would impact/cha

Lynna [10]

Answer:

Explanation:

Investments Impact in Type of activity

financial statement

1 Purchase of Mao &Co's Increase the investments Investing

bond of $ 100,000 in Balance sheet activity

Cost of bond $ 95788 Debit to the investments

account $ 95,788

Annual interest on Credit to the income account

Bond of $ 5000 - interest income

No impact of fair market value

in financial statement

2 Purchase of 6000 Debit $ 255,000 to the Investing activity

shares of Dalton ltd investment account

Receipt of dividend Credit $ 12,000 to the

dividend income account

3 Acquisition of 30% Debit $ 21,500,000 to the Investing activity

ASP's outstanding stock investment account

Receipt of dividend Credit $ 1,000,000 to the

dividend income account

7 0

3 years ago