Answer:
The same defenses
Explanation:
All actions on promissory notes, other contracts or bonds, whether express or implied, that the payment of money are subject to the kind of defense the payor, obligor, or debtor had against the payee, creditor or obligee. Based on the notice of transfer or assignment.
Answer:
Company B (transaction d)
Explanation:
present value of transaction a (company D) = $1,100,000 / 1.08 = $1,018,519
present value of transaction b (company C) = $45,000 x 21.21211 (PV annuity factor, 2.4%, 30 periods) = $954,545
present value of transaction c (company A) = $1,000,000
present value of transaction d (company B) = $100,000 x 10.52141 (PV annuity factor, 4.8%, 150 periods) = $1,052,141
Answer:
elasticity of demand is 2.16. Consumers pay a smaller portion of the tax
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Elasticity of demand = percentage change in quantity demanded / percentage change in price
(2/19)(2/41) = 2.16
When the coefficient of elasticity is greater than 1, demand is elastic.
Elastic demand means that a small change in price leads to a greater change in quantity demanded.
Because demand is elastic, more of the burden of the tax falls on producers and consumers pay a small portion of the tax.
I hope my answer helps you
Answer:
$6,500
Explanation:
outstanding common stock 40,000
outstanding preferred stock 13,000 stocks of 5%, $10
preferred stock dividends per year = 13,000 x 5% x $10 = $6,500
The company only paid $4,000 in dividends during 2019, but since the preferred stocks are non-cumulative, the remaining $2,500 will not be paid in 2020.
dividends paid during 2020 = $6,500
If the preferred stocks were cumulative, then the company would have paid $6,500 + $2,500 = $9,000 in 2020
Answer:
The answer is a) umbrella coverage
Explanation:
Umbrella coverage is an insurance that adds an extra layer of protection for liabilities not covered by any other policies. It gives an additional layer of security to the individuals who are in danger for being sued for harms to other individuals' property or wounds caused to others in a mishap. If you are the owner of important and valuable assets, purchasing umbrella insurance could be an intelligent move.
