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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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Carby Hardware has an outstanding issue of perpetual preferred stock with an annual dividend of $7.50 per share. If the required
Ad libitum [116K]

Answer:

The answer is $115.38

Explanation:

Solution

Given that

The annual dividend on preferred stock = $7.50

Required return on preferred stock+= 6.5%

The next step is to find at what price should the preferred stock sell which is given as follows:

The rice of preferred stock = 7.50/6.5%

= $115.38

$115.38 is the price at which the stock preferred was sold.

4 0
3 years ago
The 'on my way button' should be clicked when you leave your current location (home, gym, etc.) to go to the walk. when should y
ddd [48]
<span>Before starting walking from the current location "start walk" button should be tapped as 'on my way button' was clicked when you leave your current location to go to the walk.</span>
3 0
4 years ago
Suppose that a profit-maximizing monopoly firm undergoes a substantial technological change that reduces its marginal and averag
Svetradugi [14.3K]

Answer:

Rise

Explanation:

A monopoly is defined as a market situation where only one seller determines the supply and price of a product, because they are the only ones that produce it.

When forms make technological advancements, they are able to make processes cheaper. So there is more money saved that can be used to increase production.

In this scenario for every product manufactured there is a $40 saved. This excess cash can be put back into the production to increase the output and profit.

4 0
4 years ago
Shoe manufacturers are not going to buy much more leather if the price of leather falls, nor will they buy much less leather if
IgorC [24]

Answer:

A) inelastic demand

Explanation:

Demand is inelastic if a change in price has no effect on quantity demanded.

Changes in price has no effect on quantity of leather demanded. Therefore, the demand for leather is inelastic.

Direct purchasing is buying raw materials used in the production process.

Straight rebuy is purchasing similar goods from the same supplier under similar conditions.

Modified rebuy is purchasing similar goods either from a different supplier or in a different condition.

4 0
4 years ago
Dan's Independent Book Store is trying to decide on how many copies of a book to purchase at the start of the upcoming selling s
Usimov [2.4K]

Answer:

The answer is b as he should order 1045 copies to maximize his profits.

Explanation:

As

CR=\frac{C_{u} }{C_{o}+C_{u}  }

So,

Given :

C_{o} =20-14=6

C_{u} =28-20=8

Thus

CR=\frac{8 }{6+8  }

     =57.14\%

thus      Q^{*} =Norm.inu(0.5714,1000,250)

                 =1045.0032

                  ≈ 1045

Which is option b.

3 0
4 years ago
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