Answer:
The budgeted cash payments for the second quarter are $225000
Explanation:
The cash payments in the second quarter will comprise of cash purchases for the second quarter which are 35% of purchases for the second quarter along with 65% of payments due for purchases of the first quarter.
The cash payment budgetedn for the second quarter is,
Cash payment = 0.35 * 264000 + 0.65 * 204000 = $225000
Answer:
Nova City is a prime location in Islamabad
Explanation:
It is a few kilometers away from the New Islamabad International Airport. It is right next to CPEC Ring Road Interchange and is at the center of twin cities.
The project is not yet launched, but the development of the infrastructure has started that will attract the investors towards the project.
Answer:
The business judgement rule states that if the board takes decision in good faith and in best interest of the corporation considering the information available then its decision is not to be questioned by the courts. The courts can intervene only if there is any breach of good faith, due care or loyalty.
The above case is similar in facts with another case paramount vs time. In that case Time decided to merge with another company named Warner. Paramount also started bidding for Time but the directors of Time rejected their bid offer citing that warner merger would be more suitable for the company strategy.
Paramount then brought the case against Time in court.The court stated that the instant case was different from another case (REVLON VS MacAndrews) where Revlon was up for sale and hence it was necessary for the board to sell its assets to the highest bidder.
Premium is not included in all contracts.
Offer is very important, time requirements is also a must in a contract, consideration is also stated in the contracts, but premium is not included in the contract.
<span>The hiring of applicants based on criteria that are not job-related is called job discrimination. Job discrimination usually happens when a person is judged based on his/her gender, race, nationality, disability, religion or age. His/her relevant skills related to the job are not considered. </span>
