Keener Incorporated had the following transactions occur involving current assets and current liabilities during February 2017.

In Benny v. City Car Dealership, a state supreme court held that a minor could cancel a contract for the sale of a car. Now a tr

eduard

Answer:

A

Explanation:

Allow the minor to cancel the contract

5 0

3 years ago

Read 2 more answers

What was Roosevelt's big stick foreign policy?

ra1l [238]

Roosevelt's "big stick" foreign policy meant that the United States would engage in diplomatic negotiations while retaining the ability to use force if necessary.

<h3>What are some examples of Roosevelt's big stick strategy?</h3>

Numerous instances in foreign affairs, President Roosevelt employed big stick policy. He negotiated a peace deal between Russia and Japan, expanded American influence in Cuba and more.

<h3>How did America benefit from the "big stick" policy?</h3>

Roosevelt was successful in keeping the United States out of wars by threatening legitimately with force under his "big stick" strategy.

<h3>How was the "big stick" approach applied in Panama?</h3>

Roosevelt used the "big stick" to put down the Colombian uprising by aiding the Panamanian people. He dispatched American battleships to the Colombian coast in November 1903 to prevent it from putting down the revolt in Panama.

To know more about big stick, visit:

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8 0

2 years ago

Leon is not very quick to purchase innovative products when they come out, but after a while he breaks down and buys if after mo

Dima020 [189]

Leon is best described as late majority, who are usually influenced by group norms. You can see that here as well - he didn't plan on buying that product, but he was influenced by the group of people around him, his friends, who have all bought it and recommend it to Leon to buy as well. He is "late" because he didn't purchase it immediately, but belongs to the majority, because most people will buy the product nevertheless.

7 0

3 years ago

Which of the following statements is FALSE?A) Without trading, the portfolio weights will decrease for the stocks in the portfol

Hoochie [10]

Answer: The correct answer is "A) Without trading, the portfolio weights will decrease for the stocks in the portfolio whose returns are above the overall portfolio return.".

Explanation: The statement "A) Without trading, the portfolio weights will decrease for the stocks in the portfolio whose returns are above the overall portfolio return." is FALSE, because it is the opposite, that is Without trading, the portfolio weights will <u>increase</u> for the stocks in the portfolio whose returns are above the overall portfolio return.

8 0

3 years ago

Assume a bank loan requires an interest payment of $85 per year and a principal payment of $1,000 at the end of the loan's eight

FromTheMoon [43]

Answer:

1,000

and 1,000

Explanation:

The loan rate is 8,5%

85/1000 = 8.5

The market rate is 8.5

So the loan should be sold at 1,000 which is the face value of the loan, because there is no difference between the market rate and the loan rate.

This can be calculated anyway to prove it:

present value of the annuity of $85 during 8 years at 8.5% market rate

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 85

time 8

rate 0.085

$85 \times \frac{1-(1+0.085)^{-8} }{0.085} = PV\\$

PV $479.3306

Present value of the maturity date:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1000

time 8

rate 0.085

$\frac{1000}{(1 + 0.085)^{8} } = PV$

PV $520.6694

Total present value

PV c $479.3306

PV m $520.6694

Total $1,000.0000

7 0

3 years ago