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Sever21 [200]
2 years ago
15

When a person whose duty is conditional leads the other party to rely on his noninsistence on the condition, the condition will

be excused because of a(n) _____?
Business
1 answer:
Tems11 [23]2 years ago
3 0
The condition will be excused because of ESTOPPEL. Estoppel is an obstruction which prevents a person from asserting a right or denying a fact. The obstruction is normally due to the person action, conduct or failure to act. The principal aim of estoppel is to prevent injustice due to inconsistency or fraud. Estoppel is of two types: equitable and legal estoppel. 
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Campbell Co. has net sales revenue of $1,320,000, cost of goods sold of $760,700, and all other expenses of $297,000. The beginn
olasank [31]

Answer:

3.46

Explanation:

Calculation for Campbell Co. fixed asset turnover ratio

First step is to find the Average net fixed assets

Using this formula

Average Fixed assets= Fixed assets Beginning balance +Fixed assets ending balance /2

Let plug in the formula

Average Fixed assets= $368,000 + $396,000/ 2

Average Fixed assets=$764,000/2

Average Fixed assets=$382,000

Second step is to calculate for the Fixed asset turnover

Using this formula

Fixed asset turnover = Net revenue ÷ Average net fixed assets

Let plug in the formula

Fixed asset turnover= $1,320,000 ÷ $382,000

Fixed asset turnover= 3.46

Therefore Campbell Co. fixed asset turnover ratio will be 3.46

7 0
3 years ago
Using the picture of the supply and demand curves below, identify the point which
Doss [256]

Answer:

c is the correct represent the equilibrium price if I am not wrong

Explanation:

<em>sry </em><em>if </em><em>I </em><em>a</em><em>m</em><em> </em><em>wrong</em>

8 0
2 years ago
Administrative oversight given to self-managed teams does not typically include
trapecia [35]
<span>It does not include implementing change. The team is only responsible for stringent standards of conduct, self-enforcement of legal and ethical rules and effective and efficient use of resources. Implementing change is the responsibility other people or outside forces.</span>
6 0
2 years ago
Suppose the current exchange rate for the Polish zloty is Z 2.92. The expected exchange rate in three years is Z 3.00. What is t
djyliett [7]

Answer:

The answer is 91% or Supposed to be 0.00905

Explanation:

We can use the relative purchasing power parity equation:

Ft = S0 × [1 + (hFC – hUS)]t

We can find:

Z 3.00 =Z 2.92 [1 + (hFC – hUS)]3    

hFC – hUS = (Z 3.00/Z 2.92)1/3 – 1

hFC – hUS = .00905

The Inflation in Poland is expected to exceed that in the U.S. by 91% over this period.

3 0
3 years ago
Adventure Travel signed a​ 14%, 10-year note for​ $152,000. The company paid an installment of​ $2,200 for the first month. Afte
Likurg_2 [28]

Answer:

The principal​ balance is $151,573

Explanation:

For computing the principal balance, we need the following calculation which is shown below:

1. First we have to compute the 1 month interest payment which equals to

= Note amount × rate × 1 month ÷ total months in a year

= $152,000 × 14% × 1 ÷ 12

= 1773.33

2. Now deduct the first month interest  from installment amount which equals to

= Installment amount - Interest amount

= $2,200 - $1773.33

= $426.67

3. Now subtract step 2 amount from notes amount which equals to

= Notes amount - principal amount

= $152,000 - $426.67

= $151,573.33

Hence, the principal​ balance is $151,573

5 0
2 years ago
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