Answer:
Sam’s Home Store can enforce the contract against Restore Construction Company
Explanation:
In contract law, only the parties involved in a contract can take action to enforce the contract. In this case Sam' Home Store signed the contract with Restore, so they can enforce it. Any third party beneficiaries from the contract, like United Building Supplies, are not entitled to enforce anything.
Answer:
All of them:
- I. commercial banking
- II. corporate finance
- III. financial planning
- IV. insurance
Explanation:
People who work in commercial banks regularly deal with clients that need money to start a new business or expand an existing one, not all businesses are huge corporations that only go to large investment banks.
Anyone that works in finance must understand the investment environment, since the core task of finance is dealing with the value of money and time.
Insurance companies also deal with financial issues and investments.
Answer:
Annual depreciation= $25,375
Explanation:
Giving the following information:
Purchase price= $109,200
Salvage value= $4,200
Useful life in miles= 120,000
<u>To calculate the depreciation expense, we need to use the units-of-activity method:</u>
<u></u>
Annual depreciation= [(original cost - salvage value)/useful life of production in miles]*miles operated
<u>2018:</u>
Annual depreciation= [(109,200 - 4,200) / 120,000]*29,000
Annual depreciation= 0.875*29,000
Annual depreciation= $25,375
Answer:
A
Explanation:
ፈፈጀፈጅፈጀጸጀገክoቸከሰመወመጸክiሄiዶጸለፊuueuuuደጀቸጀቸአጀደከ
<em>According to the</em><em> strong version of efficient market theory,</em>
- <em>Instantaneously, </em><em>stock prices reflect both public and private information.</em>
- <em>There is</em><em> no advantage for insiders when choosing investments.</em>
<h3>
What exactly is the efficient market theory?</h3>
- Share prices, according to the efficient market hypothesis (EMH) or theory, accurately reflect all available information.
- According to the EMH, equities trade on exchanges at their fair market value.
- EMH proponents contend that investing in a low-cost, passive portfolio is advantageous for investors.
<h3>What significance does the efficient market hypothesis have?</h3>
The efficient market hypothesis adheres to liberal economic theory and has significant political ramifications. According to the efficient market hypothesis, stock prices are always traded at a "fair" market value, negating the necessity for any form of government involvement in the market.
learn more about efficient market theory here <u>brainly.com/question/14311423</u>
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