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kumpel [21]
3 years ago
15

Lauren Barton, a single mother with three children, lived in Portland, Oregon. Cynthia VanHorn also lived in Oregon until she mo

ved to New York City to open and operate an art gallery. VanHorn asked Barton to manage the gallery under a one-year contract for an annual salary of $72,000. To begin work, Barton relocated to New York. As part of the move, Barton transferred custody of her children to her husband, who lived in London, England. In accepting the job, Barton also forfeited her husband’s alimony and child-support payments, including unpaid amounts of nearly $30,000. Before Barton started work, VanHorn repudiated the contract. Unable to find employment for more than an annual salary Miller, Roger LeRoy. Cengage Advantage Books: Business Law Today, The Essentials: Text and Summarized Cases (p. 291). Cengage Learning. Kindle Edition.
Business
1 answer:
AleksandrR [38]3 years ago
6 0

The cengage learning for the mitigation is the difference between the agreed upon $72000 less what was earned from  the $25000 position that barton managed to obtain

<u>Explanation</u>:

Mitigation of damages:

In the case of barton v. vanhorn a court would consider barton's attempts at findings similar employment a reasonable step in mitigating her damages.

Under the doctrine of damage mitigation, a wrongfully terminated employee must look for other compartable employment, and subtract whatever you make from that job from what you request in damages.

Damages in the case would be the difference between the agreed upon $72000 less what was earned from  the $25000 position that barton managed to obtain.

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A firm has 4,250 shares of stock outstanding with a market value of $16.65 a share, $64,800 of long-term debt with an interest r
liraira [26]

Answer: 1.50

Explanation:

Baeed on the information given in the question, the enterprise value multiple would be calculated as:

= [(4,250 × 16.65) + 64,800 - 5,200] / (213,000 - 126,200)

= 130,362.5 / 86,800

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6 0
3 years ago
Roper Electronics received its bank statement for the month of August with an ending balance of $11,740. Roper determined that c
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Answer

The answer and procedures of the exercise are attached in a microsoft excel document.  

Explanation  

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3 years ago
A local bank sponsors a charity run that raises funds for a non-profit building wells and schools in Mali, Africa. How would the
const2013 [10]

Answer:

The use of the bank's funds for this fundraiser would be justified when the bank's goal is to maximize profit by:

giving the bank public relations boost, thereby improving its public image.

Explanation:

The creation of publicity opportunities through this fundraiser enhances the bank's activities.  Awareness of its services is created through the sponsorship.  People perceive the bank as a charity-supporting organization, which cares for the welfare of the less-privileged.  The fundraiser creates huge goodwill.  Public relation is, therefore, critical in helping the bank to engage its diverse publics across various platforms, including the accruing intangible benefits that derivable from the seemingly unprofitable effort.

5 0
3 years ago
Suppose that the market for low-wage labor is perfectly competitive and initially in equilibrim. If the government establishes a
Simora [160]

Answer:

Employment of low wage workers will decrease and which in turn increase the unemployment.

Explanation:

Perfectly competitive labor market, is the one which is described as the composite of many firms or companies that are in the competition for the workers. The firms will not be in power to set the wages for the workers, the market also determines the competitive wage.

But if this is a low wage labor and on that the government establish or form the minimum wage then it will result in the employment of the low wage workers will decrease and the consequence of which is increase in the unemployment.

Note: Options are missing so providing the direct answer

8 0
3 years ago
Julio is the owner of Party Pros, Inc., a party supply company. The company provides tents, tables, chairs, and related products
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Answer:

Line organization model

Explanation:

Based on the information provided within the question it seems that Party Pros Inc. is using a Line organization model. This is an organizational structure in which power flows from the top to the bottom, meaning that the person at the top is the owner and the individuals in each level of the hierarchy answer to those in the upper levels, all of which are trying to accomplish the same organizational goals. Such as is being described in this situation.

8 0
3 years ago
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