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Deffense [45]
3 years ago
13

Al contracted to sell his house to bev. subsequently, they both changed their minds and agreed to cancel the contract. the contr

act between al and bev is discharged by:
Business
1 answer:
TEA [102]3 years ago
6 0
Given that <span>Al contracted to sell his house to bev. subsequently, they both changed their minds and agreed to cancel the contract.

The contract between al and bev is discharged by rescission.</span>
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Suppose the following data were taken from the 2017 and 2016 financial statements of American Eagle Outfitters. (All numbers, in
IRINA_888 [86]

Answer:

Please see below

Explanation:

a. Current ratio

= Total current asset / Total current liabilities

2017

Current asset. 890,400

Current liabilities 424,000

Current ratio = 890,400/424,000

= 2.1

2016 Current ratio

Current asset. 999,600

Current liabilities 357,000

Current ratio = 999,600/357,000

= 2.8

b. Earnings per share

= (Net income - Preference dividend) / Weighted average number of shares outstanding

2017

Net income. 166,830

Weighted Average number of shares outstanding 201,000

Earnings per share = $166,830/201,000

= $0.83

2016 Earnings per share

Net income $337,600

Weighted Average number of shares outstanding 211,000

Earnings per share = $337,600/211,000

= $1.6

c. Debt to asset ratio

= Total liabilities / Total assets

2017

Total liabilities 573,300

Total assets 1,950,000

= 573,300/1,950,000

= 0.29

2016 Debt to asset ratio

Total liabilities 552,132

Total assets 1,878,000

Debt to asset ratio = 552,132/1,878,000

= 0.29

d. Free cash flow

2017

Cash flow from operating activities 300,000

Less: capital expenditure (271,000)

Free cash flow 29,000

2016 free Cash flow from operating activities

Free cash flow 452,600

Less: capital expenditure (246,500)

Free cash flow. 206,100

5 0
3 years ago
Compute the impact on the money multiplier of an increase in the currency-to-deposit ratio from 10 percent to 15 percent when th
Ronch [10]

Answer:

[email protected]%

4.11 @15%

Explanation:

Please see attachment

4 0
3 years ago
Exporting countries primarily agree to voluntary export restraints (VERs) to A) minimize exposure in the importing country. B) r
romanna [79]

Answer:

C) avoid stiffer quotas being set by the importing country.

Explanation:

This simply explains the restrictions made in trades where a particular country gives another a specific limit to the a mount of products to be imported and also exported in some cases. Economic experts have argued that in cases of this such, compensation from winners to losers can potentially alleviate the redistribution problem. Also important to notice that not everyone’s welfare rises when there's a rise in national welfare. Instead, there's a redistribution of income. Consumers of the merchandise and recipients of the quota rents will benefit, but producers may lose. A national welfare increase, then, implies that the sum of the gains exceeds the sum of the losses across all individuals within the economy.

The best tool

4 0
2 years ago
Will give brainliest 5
Ede4ka [16]

Answer:

ok

weeeeeeee weeeeeee lugi

3 0
2 years ago
Read 2 more answers
Gilmore, Inc. recently embarked on an effort to increase coordination and cooperation within the company. During the process, Gi
grandymaker [24]

Answer:

<em>Organizing Management Function</em>

Explanation:

Organizing is <em>the management function which includes the creation of an organizational structure as well as the allocation of human resources to ensure that the objectives are achieved.</em>

Gilmore managers are re-allocating the companies resources.

Organization structure is the framework through which activities are organized.

4 0
3 years ago
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