Answer:
False
Explanation:
The contract is not voidable at Leslie's option but rather at the supplier's option. This is because Leslie has agreed to the buy the shoes, irrespective of the price.
Should Leslie want a price stated in the contract, the case has to be taken to court and the judge will have a price stated that suits both parties.
Cheers
Answer:
Option E
Explanation:
In simple words, return on investment refers to the amount of income or profit that an organisation generates with its given level of resources. Such resources include all the assets such as machinery, equipment and human resources of the company.
This measure gives a sign if the different sections of the company are working efficiently or not. It is a quantitative measure therefore, it also depicts if the amount generated is enough or not. Thus, we can conclude that all the options are correct.
Answer:
the critical zone
Explanation:
So, we have the following information or data from the question/problem, they are:
=> In order to improve on the restaurant service and give more quality, customers data were collected in from Friday and Saturday nights which happens to be the local restaurant's busiest times of the week.
=> From the data collected it was shown that 75 customers arrive per hour for service.
=> After getting the data above the owners of the local restaurant estimated that they can serve on average about 100 customers per hour.
In order to improve on the restaurant service and give more quality, the utilization rate must be calculated. Therefore the utilization rate is arrival rate divided by service rate that is to say;
The utilization rate = arrival rate/ service rate.
The utilization rate = 75/100 = 0.75 = 75%.
The next step is to draw the diagram showing the relationship between rate of service utilization and service rate.
So, from the graph we have that with the 75%, the zone that it falls to is the CRITICAL ZONE.
Answer:
$4.00
Explanation:
For computation of earnings per common share first we need to find out the number of shares which is shown below:-
Number of shares = Outstanding shares + Issued shares × From Oct to Dec 31 ÷ Total months in a year
= 400,000 + 100,000 × 3 ÷ 12
= 425,000
Earnings per share = Net income ÷ Number of shares
= $1,700,000 ÷ 425,000
= $4.00
Therefore we applied the above formula
Answer:
George’s holding period return is 16%.
Explanation:
holding period return = (End value-Beginning value + Dividends)/Beginning value
= (54 - 47.5 + 1.1)/47.5
= 16%
Therefore, George’s holding period return is 16%.