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kipiarov [429]
3 years ago
13

Teatro Restoration, Inc., begins renovating an old theater for Urban Edge Productions, but after three months Teatro demands an

extra $250,000. Urban Edge agrees to pay. Refer to Fact Pattern 13–4. ​If Teatro says it is asking for the extra $250,000 because ordinary business expenses have increased, the agreement is:
Business
1 answer:
Rudiy273 years ago
4 0

Answer: Cost plus contract

Explanation:

A contract in which the contractor is reimbursed on allowable expenses and paid an agreed percentage of the total allowable expenses.

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Which of the following is not a key component of the merger model we walked through in the course?
Bas_tet [7]

Answer:

Gathering publicly available comparable company information

Creating detailed forecasts for both companies

An accretion/dilution and sensitivity analysis

Determining and calculating items related to the acquisition structure

6 0
2 years ago
Suppose the reserve requirement for the United States is 20%.
Ronch [10]

When the Federal Reserve wants to increase the money supply, it will purchase bonds from banks.

<h3>What is Federal Reserve?</h3>

It should be noted that the Federal Reserve controls the monetary aspect in an economy.

In this case, when the Federal Reserve wants to increase the money supply, it will purchase bonds from banks.

Also, when the Fed wants to decrease the money supply, the thing that should be done will be to sell bonds.

Learn more about Federal Reserve on:

brainly.com/question/25817380

6 0
2 years ago
Medlock Company sold inventory on credit for $3,000, terms 2/10, n/30. The cost of the merchandise to Medlock was $2,400. How mu
Finger [1]

Answer:

Medlock will receive $2,940

Explanation:

Credit terms of 2/10, n/30 means there is a discount of 2% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.

According to given data

Sales = $3,000

As the payment is made within discount period, so discount will be availed

Discount  = $3,000 x 2% = $60

Now deduct the discount from due balance to calculate the amount received.

Amount Received = $3,000 - $60 = $2,940

4 0
3 years ago
On January 1, 20Y8, Crabb &amp; Co. sold land to ASP, Inc. and accepted a two-year, $500,000 face value note as payment. 6% inte
jeka94

Answer:

1. Discount

2. $449,298.47

3. $369,298.47 gain

4. land reduces by $80,000, investment increases by $449,298.47, reserves increases by $369,298.47

Explanation:

Question 1

Using the formula below

Price=\frac{I_{1}}{1+r} +\frac{I_{2}+F}{(1+r)^{2}}

where

I = interest rate, which is 6% of 500,000 = 30,000

F = Face value, 500,000

r = borrowing cost = 12%

Therefore, the price of the note at the time it was used for payment was

Price=\frac{30,000}{1.12} +\frac{30,000+500,000}{(1.12)^{2}}

= $449,298.47.

As the price is lower than the face value of the note, the note was issued at a discount.

Question 2

The fair market value of the note is $449,298.47, the compute price in question 1.

Question 3

The gain/loss on the sale of the land

= sale price - purchase price

= $449,298.47 - 80,000

= $369,298.47.

Question 4

The transaction would affect Crabb & Co's balance sheet as follows.

<em>Asset side:</em>

land reduces by $80,000

investment increases by $449,298.47

<em>Equity & liabilities side:</em>

reserves increases by $369,298.47

3 0
3 years ago
Different between business management and business administration​
Romashka [77]

Answer:

A business management degree focuses more on planning and organizing, whereas a degree in business administration provides a broad background and then allows the student to focus on a specialized area of business.

5 0
3 years ago
Read 2 more answers
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