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jek_recluse [69]
3 years ago
15

State x requires that persons who prepare and serve liquor in the form of drinks at commercial establishments be licensed by the

state to do so. the only requirement for obtaining a yearly license is that the person be at least twenty-one years old. mickey, aged thirty five, is hired as a bartender for the southtown restaurant. gerald, a staunch alumnus of a nearby university, brings twenty of his friends to the restaurant to celebrate a football victory one afternoon. gerald orders four rounds of drinks, and the bill is nearly $600. when he learns that mickey has failed to renew his bartender's license, gerald refuses to pay, claiming that the contract is unenforceable
Business
1 answer:
sasho [114]3 years ago
4 0

Yes.  He don’t have to pay and the bartender could get arrested for failing to renew the licence

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Branford has one share of stock and one bond. The total value of the two securities is $1,200. The bond has a YTM of 10.2%, a co
riadik2000 [5.3K]

Answer:

The price of the stock is expected to be $188.16 in 1 year.

Explanation:

This can be determined as follows:

Current price of the stock = Expected next dividend / Expected return = $24.87 / 15.2% = $163.62

Expected stock price in 1 year = Current price of the stock * (100% + Expected return)^Number of year = $163.62 * (100% + 15.2%)^1 = $188.16

Therefore, the price of the stock is expected to be $188.16 in 1 year.

8 0
3 years ago
Organizational change can best be defined as​ ________.
Paul [167]
Organizational change can best be defined as​ <span>any alteration of​ people, structure, or technology</span>.

When an organization makes a change it is known as organizational change. When changing an organization you are making a change to the way the company runs. Changing any type of structure, technology or moving around how people work can make a change to the organization. 
6 0
3 years ago
Ashton, an appraiser, is estimating value using the sales comparison approach. He applies more weight to two comparables over se
alexandr402 [8]

When Ashton, the appraiser applies more weight to two comparables over several others he used, he is utilizing the: Correlation method.

<h3>What is the Correlation Method?</h3>

The correlation method is the method utilized in the sales comparison approach where more importance is given to two properties being compared against some others.

The sales comparison approach itself is used in analyzing the worth of a property by comparing it to others that have been sold in recent times.

Learn more about the sales comparison approach here:

brainly.com/question/14497595

6 0
2 years ago
Zen Manufacturing Company is considering replacing a four-year-old machine with a new, advanced model. The old machine was purch
dedylja [7]

Answer:

$4,800

Explanation:

The computation of additional annual cash inflow is shown below:-

Saving in Annual Maintenance Cost by new machine = $15,000 - $6,000

= $9,000

Net savings on Maintenance = $9,000 × (1 - 0.4)

= $5,400

Decrease in Depreciation due to purchase of New machinery

= ($60,000 ÷ 10) - ($45,000 - 10)

= $6,000 - $4,500

= $1500  

Tax to be paid due to decrease in Depreciation = Decrease in Depreciation due to purchase of New machinery × Tax rate

= $1,500 × 0.4

= $600

Net Annual cash Inflow due to new machinery =  Net savings on Maintenance - Tax to be paid due to decrease in Depreciation

= $5,400 - $600

= $4,800

So, for computing the additional annual cash inflow we simply applied the above formula.

4 0
3 years ago
Charles Johnson has to make a deposit in his savings account. He has one $20 bill, two $5 dollar bills, seven $1 bills, six quar
ivolga24 [154]

Answer:

Total deposit is $39

Explanation:

Given

\$20\ bills = 1

\$5\ bills = 2

\$1\ bills = 7

Quarters = 6

Dimes = 5

Required

Determine the total

To do this, we simply multiply each dollar bill or coin with its frequency and add up the results.

i.e.

Total = 1 * \$20 + 2 * \$5 + 7 * \$1  + 6 * Quarters + 5 * Dimes

Total = \$37  + 6 * Quarters + 5 * Dimes

1\ quarter = \$0.25

1\ dime = \$0.1

So:

Total = \$37  + 6 * \$0.25+ 5 * \$0.1

Total = \$37  + \$2

Total = \$39

8 0
3 years ago
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