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hodyreva [135]
4 years ago
5

Paul makes an offer to lynn in a written purchase order, saying nothing about how her acceptance should be sent. lynn indicates

her acceptance by signing and returning the purchase order. lynn's acceptance is effective
a. when lynn decides to accept.
b. when lynn sends the signed purchase order.
c. when paul receives the signed purchase order.
d. in none of the above situations.
Business
1 answer:
nignag [31]4 years ago
4 0

Lynn’s acceptance is effective when she decides to accept. By the time she decided to accept the offer, there was already meeting of the minds between Paul and Lynn. Therefore, the acceptance of Lynn is effective from the time she decided to herself that she would accept the offer regardless of the time when the acceptance was received by the other party.

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Alison Jacobs (single) purchased a home in Las Vegas. Nevada for $400,000. She moved into the home on September 1, year O. She l
Mrac [35]

Answer:

$3,750

Explanation:

Capital Gain tax is paid on the sale property value. According to tax rule if you sale your residence building the first $250,000 is exempt from the tax and the amount above this value will be taxed using rate of 15%.

Total Amount of Gain = $275,000

Amount Exempted = $250,000

Taxable value = $275,000 - $250,000 = $25,000

Tax value = $25,000 x 15%= $3,750

3 0
4 years ago
You are holding a stock that has a beta of 1.39 and is currently in equilibrium. The required return on the stock is 20.47%, and
r-ruslan [8.4K]

Answer: 26.73%

Explanation:

You can calculate the expected return using the Capital Asset Pricing Model (CAPM).

Formula is:

Expected return = Risk free rate + beta * (Market return - risk free rate)

Use the previous figures to solve for the risk free rate:

20.47% = Rf + 1.39 * (16.50% - Rf)

20.47% = Rf + 22.935% - 1.39R

20.47% - 22.935% = Rf - 1.39Rf

-2.465% = -0.39Rf

Rf = -2.465% / -0.39

= 6.32%

New expected return is:

= 6.32% + 1.39 * (21% - 6.32%)

= 26.73%

7 0
3 years ago
An investor wishes to have $1,000 available in five years. How much should be invested today, if the current interest rate is 5
oksian1 [2.3K]

Answer:

The necessary investement today is $783.53

Explanation:

Giving the following information:

An investor wishes to have $1,000 available in five years. The interest rate is 5%.

We need to use the following formula:

PV= FV/(1+i)^n

FV= 1000

i=0.05

n=5

PV= 1,000/(1.05)^5= $783.53

6 0
4 years ago
Idle Time Gaming, Inc., has reached the point where it needs several million dollars in order to expand and follow its strategic
laila [671]

Answer:

The bank is wiling to pay "approximately $820,000,000".

Explanation:

As we know,

Earnings from selling of $22/start sharing $40 million shareholdings:

⇒ 40,000,000\times 22

⇒ $880,000,000

Fee of banker at 6.82% will be:

⇒ 880,000,000\times  0.0682

⇒ $60,016,000

Idle investment company willingness to spend on time will be:

⇒ 880,000,000-60,016,000

⇒ $819,984,000

So that the bank is willing to pay "approximately $820,000,000".

7 0
4 years ago
Why are major league baseball players on average paid substantially more than college​ professors? Explain. Major league basebal
sukhopar [10]

Answer:

B. the marginal revenue product of major league baseball players is high relative to college professors.

Explanation:

For becoming a college professor involves more amount of efforts and dedication than the baseball players.

Also under the baseball matches there are numerous sponsors as looking for advertisement and promotions, as huge public is interested in such matches.

Therefore as large funds are invested and that the players earn accordingly more, as tickets are also charged.

The marginal revenue from baseball is therefore more, as the cost is less as compare to the cost in becoming professor.

7 0
4 years ago
Read 2 more answers
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