Answer:
B. There is no contract
Explanation: A contract is an agreement between two or more people to enter into a relationship which can be a business relationship or other types of Relationship.
FOR A CONTRACT TO BE BINDING IT MUST MEET CERTAIN CRITERIA WHICH INCLUDES
(1) CONSENT OF THE PARTIES INVOLVED.
(2) THE PARTIES INVOLVED MUST BE OF SOUND MIND ESPECIALLY AS AT THE TIME THE CONTRACT IS BEING SIGNED
(3) THE CONTRACT MUST BE LEGAL ETC.
Between Jane and Al there is no contract as Al does not agree with the proposal of Jane.
A just-in-time inventory control system is a systematic method that aligns vendor raw-material deliveries with manufacturing timetables.
Companies use this inventory approach to improve efficiency and avoid waste by acquiring items just as needed for the manufacturing process, lowering inventory expenses.
It may be a comprehensive quality management approach since it leads to productivity on one hand and preserves the integrity of the manufacturing process on the other by obtaining needed materials at reasonable rates. When these events occur, process re-engineering occurs as a result of increased productivity, turnaround time, and excellence.
The Theory of Constraints is a framework in which an unfavorable element or constraint that is causing difficulties is recognized, and various approaches are used to solve that problem, such as the just-in-time integrated program, quality assurance, and savings and performance enhancements.
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For the estimation of his firm's weighted average cost of capital, paul calculates the average of the firm's cost of equity and after-tax cost of debt, both of which are weighted based on the firm's capital structure.
The combination of multiple external funding sources, collectively referred to as capital in corporate finance, that are used to finance a corporation is known as the capital structure. It is listed in the balance sheet of the company and comprises equity owned by shareholders, debt, and preferred shares.
The over- or under-capitalization is avoided. capital structure aids the business in boosting profitability through increased returns to stakeholders. Maximizing shareholder capital while lowering overall capital costs is made possible with the use of an appropriate capital structure.
Following are some of the key characteristics of a sound capital structure: Maximum Return, Less Risky, Safety, Flexibility, Economy, Capacity, and Control are among the factors.
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For investors, changes made to the tax code by the government are known as a form legislative risk, which results from changes in law.
Legislative risk refers to the possibility that government legislation or regulations will significantly alter the business prospects of one or more companies. These changes may have a negative impact on the firm's investment holdings. The legislative risk may occur as a direct result of government action or by changing customer demand patterns. Investors rarely complain about preferential treatment and bailouts for specific industries, possibly because they all work with the secret hope of profiting from them.
What subsidies and tariffs can give an industry in terms of competitive advantages, regulation and taxation can take away from many others. They can send shockwaves around the world and destroy companies and entire industries with a single law, subsidy, or switch of the printing press. As a result, many investors consider legislative risk to be a major factor when evaluating stocks.
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Answer:
1. A company had net sales of $760,200 and cost of goods sold of $547,400. Its net income was $19,340. The company's gross margin ratio equals:______
c. 28.0%.
2. The monetary unit assumption means that all companies doing business in the United States must express transactions and events in US dollars.
A. True
3. Paid-in capital is the total amount of cash and other assets the corporation receives from its stockholders in exchange for its stock.
A. True
Explanation:
Gross profit margin is calculated by dividing the gross profit by the sales and multiplying by 100. In this case, the gross profit is $212,800 ($760,200 - $547,400). The amount, $212,800, then divided by $760,200 and multiplied by 100 to obtain approximately 28%.
The dollar is the monetary unit for all business transactions conducted in the United States. The accounting assumption behind the monetary unit means that all transactions conducted in the United STates are reported in dollars.