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d1i1m1o1n [39]
3 years ago
7

American Bakeries had a fleet of over 3,000 delivery trucks. Because of the increasing cost of gasoline, the company was interes

ted in converting the trucks to propane fuel. It signed a requirements contract with Empire Gas, in which Empire would convert "approximately 3,000" trucks to propane fuel upon American Bakeries' potential request, and would then sell American Bakeries all required propane fuel to run the converted trucks. American Bakeries never requested a single conversion. Empire sued for lost profits. Who wins?
Business
1 answer:
Lisa [10]3 years ago
3 0

Answer:

American bakeries will win

Explanation:

In the given case the American bakeries will win.

It is given in the question that the contract between the American Bakeries and the Empire is a requirement contract.

The requirement contract not necessarily means that the two parties will have the trade.

Therefore,

The American Bakeries does not require any purchase from the Empire

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Which of the following is correct? Both purely competitive and monopolistic firms are "price takers." Both purely competitive an
alina1380 [7]

Answer:

"A purely competitive firm is a "price taker," while a monopolist is a "price maker".

Explanation:

<u>Price takers</u> are those organizations that do not have the ability to impact the market to generate fluctuations. This is the case of a <em>purely competitive firm </em>that markets its products at a price that helps maximize profit.

<u>Price makers</u> are those that make the market go, that is, they have significant lots larger than the queue at each price level. This is the case of <em>monopolistic firms</em>, capable of influencing the price of the product.

4 0
3 years ago
perline, inc., has balance sheet equity of $6.2 million.At the same time, the income statement shows net income of $948600. The
ikadub [295]

Answer:

The target stock price in one year is $264.75

Explanation:

We first calculate the ROE as below

ROE= Earnings / Book value of Equity

ROE= $948,600 / $6,200,000

ROE= 0.153

The payout ratio is:

b=  Dividend / Net income

b = $493,272 / $948,600

b = 0.52

So the sustainable growth rate is:

g = ROE * (1-b)

g = 0.153 * (1-0.52)

g = 0.153 * 0.48

g = 0.07344

The earning in the first year are

EPS1 = $948,600 / 100,000  * (1 + 0.07344)

EPS1 = $9.486 * 1.07344

EPS1 = $10.1827

According to the benchmark PE ratio, the target stock price in one year is

Price = EPS1 * 26

Price = $10.1827 * 26

Price = $264.75

5 0
3 years ago
How will modifying the priority value help to achieve your goals?
lesya [120]
When you talk about priority value help to achieve goals you are technically speaking about computers and printers, especifically printer tools. For example if you modify the priority then the printer will have a highest priority and will <span>reduce time for a print job to complete and will raise the priority over other tasks</span>
3 0
3 years ago
Choose the preferred sentence from each pair and justify your choice.
den301095 [7]

Answer:

(2)

Explanation:

"Although" Implies that even though her request was denied, she will begin something else in two weeks. "But" makes it sound like a negative thing, even though it isn't

7 0
3 years ago
Anton needs to identify the eight different scoring statistics for all the players on his school’s basketball team. Which graphi
loris [4]

Anton needs to identify the eight different scoring statistics for all the players on his school’s basketball team. Which graphic organizer would be best for this assignment?

Answer: A. Chart

Out of the options, A. a chart is the best option because it allows you to break down all of the scoring statisics for each player on the school's basketball team. Organizating the statistics by player and their ranges in a chart makes it easier to understand and utilize the information collected.

8 0
3 years ago
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