Answer:
Non-compete clause
Explanation:
The name of this clause is Non-compete clause. It is is a clause under which one party agrees not to enter into or start a similar profession or trade in competition against another party. By prudence of this non compete clause, the worker attempts and gives his acknowledgment to the state of the business that over the span of the work or significantly after the representative leaves the administrations/occupation of the business, he will not be the contender of the business in the structure and nature of the work of the business.
Answer:
a. $26.67
b. 2.50%
Explanation:
a. Computation of the current value of the stock is given below:-
Price of stock ÷ Required rate of return - Growth rate
= $1.20 ÷ (0.07 - 0.025)
= $1.20 ÷ 0.045
= $26.67
b. Computation of capital gains yield on this stock is shown below:-
= Required rate - Dividend yield
= 7% - ($1.20 ÷ $26.67)
= 7% - 0.04499
= 2.50%
Answer:
By using the percentage-of-completion method the $64 million revenue should Parmac recognize in 2018
Explanation:
Percentage-of-completion method : Under this method,
First we have to calculate the percentage which is based on current period cost to total period cost.
After that, multiply the percentage with the revenue so that we get to know how much revenue is being recognized during an particular year.
In mathematically,
Estimated Cost percentage = current period cost ÷ total period cost
= $48 million ÷ $120 million
= 40%
Now,
Revenue recognized = Estimated cost percentage × Revenue
= 40% × $160 million
= $64 million
Hence, by using the percentage-of-completion method the $64 million revenue should Parmac recognize in 2018
Answer:
c) 10% more peanut butter on the shelves
Explanation:
Since peanut butter has a negative income elasticity of demand (-0.5) with a decrease in income, there should be an increase in the demand. This is usually true for cheaper goods or goods with low added value. The change in demand (D) is represented as follows:
As a result, you should stock 10% more peanut butter on the shelves.
The answer is c).
