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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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What are 3 disadvantages of going to trade/vocational schools after high school?
Strike441 [17]

Answer:

1 they take a lot of time

2 when you come back, you don't want to do the homework

3 you are tired

5 0
3 years ago
On January 1, 2021, Avondale Lumber adopted the dollar-value LIFO inventory method. The inventory value for its one inventory po
Mama L [17]

Answer:

Avondale Lumber

Calculation of Inventory Amounts at the end of each year:

= Inventory cost divided by the Index:

2021:    = $408,450/1.05 = $389,000

2022:   = $420,740/1.09 = $386,000

2023:   = $478,500/1.10  = $435,000

2024:   = $513,585/1.13   = $454,500

Explanation:

a) Data and Calculations:

Year Ended           Inventory Cost     Index     Year-End Costs

                                                                         (Relative to Base Year)

2021                         $ 408,450         1.05        $389,000 (408,450/1.05)

2022                           420,740          1.09       $386,000 (420,740/1.09)

2023                           478,500          1.10        $435,000 (478,500/1.10)

2024                           513,585           1.13       $454,500 (513,585/1.13)

b) The conversion of the ending inventory cost to the base year with an index is obtained by dividing the inventory cost by the index.  This gives a cost that is relative to the base year.

5 0
3 years ago
Scott wants to accumulate $3,800 over a period of 11 years so that a cash payment can be made for roof maintenance on his summer
Kamila [148]

Answer:

$240.76

Explanation:

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p = FV / annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

FV = Future value  

P = Present value  

R = interest rate  

N = number of years  

Annuity factor = (1.07^11 - 1) / 0.07 = 15.783599

p = $3800 / 15.783599 = $240.76

3 0
3 years ago
What are the main purposes of a budget?
disa [49]
In the context of business management, the purpose of budgeting includes the following three aspects:

•A forecast of income and expenditure (and thereby profitability)

•A tool for decision making

•A means to monitor business performance
7 0
3 years ago
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