Answer:
D. Zeta prevails, but only if the assignment is signed and in writing
Explanation:
Zeta prevails but only if the assignment is in writing and is signed.
If the assignment is express thereby and is signed by the parties in contract , then zeta can demand the amount from willy. Without any written consent and permission , willy cannot enforce the payment to zeta.
This is the best option in this case .
GDP Deflator= (Nomial GDP÷ Real GDP)×100
=(10÷4)×100
THUS GDP deflator = 250
Answer:
When two companies exchange an asset, the assets fair value is used as the price of the asset. In this case the company is paying 154,000 plus an old machine with a fair value of 140,000 so the cost of the new machine would be recorded as the sum of the cash paid and fair value of the old asset.
140,000+154,000= 294,000
Explanation:
Answer:
The appropriate stock price is $103.97
Explanation:
Given Dividends $1 075 000 Retained Earnings $3 225 000, Shares 715 000
PE ratio 17.3, SP ?
The PE ratio is a measure of stock price relative to earnings
PE = SP/EPS
So we need to calculate earnings per share in order to get stock price
EPS = Earnings /number of shares
Retained earnings = Net Income - dividends so to get net income we add dividends to retained earnings (Earnings and net income are the same thing)
=$4 300 000
EPS = 4300000/715000
=$6.01
plug in the values in PE ratio formula
17.3 = SP/ 6.01
SP = 17.3*6.01
SP = $103.97
Answer:
$8,348.51
Explanation:
Computation of the year 6 future value of deposits
6 years Future value = $1,600 × (1 + 0.04)^5+ $1,800 × (1 + 0.04)^4+ $1,800 × (1 + 0.04)^3+ $2,100 × (1 + 0.04)^2
6 years Future value= $1,946.64 + $2,105.75 + $2,024.76 + $2,271.36
6 years Future value= $8,348.51
Therefore the year 6 future value of deposits will be $8,348.51