Answer:
The correct answer is C
Explanation:
Contract is the legal term which is defined as the agreement which is legally enforceable among two or more than two parties. And the contract could be written or oral.
So, in this scenario, Jeremy had an agreement with Shelly to pay per month $50 and for four months. But Jeremy breach the contract when two months left on the contract to complete.
Therefore, the incompensatory damages to Shelly be entitled is computed as:
Damage amount = Amount Per month × Number of months
= $50 × 2
Damage amount = $100
Answer:
b. All rocks in the Earth's crust will, at some point, be subducted and melted to create igneous rock.
Explanation:
There are 3 types of rock:
1. Igneous, wich are formed when 2 tectonic plates collide and magma goes to surface getting cold
2. Sedimentary: when many layers of preexistent rocks produce pressure and heat by weigth melting the rocks.
3. Metamorphic: a new rock is formed by chemical and/or physical reaction over preexistent rocks
Sedimentary and metamorphic would be subducted in order to produce new igneus rocks.
Answer:
$6.25 million
Explanation:
Calculation for free cash flow
Using this formula
Free Cash Flow = (Revenues - Expenses-Depreciation) × (1–Tax rate) + Depreciation
Let plug in the formula
Free Cash Flow= ($20 million - $12 million - $3 million ) × (1–0.35) + $3 million
Free Cash Flow=($5 million*0.65)+$3 million
Free Cash Flow=$3.25million+$3 million
Free Cash Flow=$6.25 million
Therefore free cash flow for the first and only year of operation wiill be $6.25 million
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The simple rate of return on the investment is closest to: <u>34.5%</u>
<u>Explanation</u>:
<em><u>Given</u></em>:
Current salvage value = $15,000
Cost of new machine = $408,000
Cash operating cost = $141,000
Simple Return on Investment is Calculated as follows:-
Simple rate of return on the investment = Net Operating Cost Saved/ Initial Investment X 100
So Simple Return = 141000/408000 X 100
= 34.5%
The simple rate of return on the investment is closest to: 34.5%
