1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
luda_lava [24]
4 years ago
14

Assume that Mr. and Mrs. Davis did not sign the lease agreement, but upon taking possession of the apartment on August 1 were ha

nded a signed copy by landlord Smith. On August 20, Mr. and Mrs. Davis move out claiming that since they had not signed the agreement, it was a mere tenancy at will. Smith could:___________
Business
1 answer:
abruzzese [7]4 years ago
7 0

Smith could sue Davis immediately for the unpaid portion of the lease

Explanation:

If a person does not have a rental, he / she may be disposed of in due course. Landlords may sue after commencement of proceedings for unpaid rent as well as for a fair compensation for any holdover use or occupancy.

In the first of a month, if the tenant pays interest, he or she owes a proportionate amount 20 days in the following month.

The landlord can sue for 20 days ' rent, if the tenant does not pay and just moves out, provided that his security deposit is too small or has been apprehensive due to necessary repairs or cleaning.

You might be interested in
Nichols Inc. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IR
cestrela7 [59]

Answer:

a. 9.43%

Explanation:

The internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.

IRR can be calculated using a financial calculator.

Cash flow in year zero = −$1,250 

Cash flow each year from year one to five = $325

IRR = 9.43%

To find the IRR using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

I hope my answer helps you

3 0
4 years ago
What’s the difference between LRAS and SRAS
Crank

Answer:

Whereas the SRAS curve is upward sloping, the LRAS curve is vertical because, given sufficient time, all costs adjust.

Explanation:

3 0
3 years ago
Why are the original/raw data not readily usable by analytics tasks? What are the main data preprocessing steps? List and explai
Andrew [12]

Answer:

Kindly check explanation

Explanation:

Raw or original data are usually not readily usable largely because they are usually untidy. These include the data format, unnecessary inclusions in data such as signs and symbols and so on.

Data preprocessing involves the series of operations performed on data before using the to run analytics.

They include :

Data cleaning : This involves the removal of missing data points or filling them with appropriate values,

Data integration : when using data from different sources, this data would have to be combined or merged appropriately.

Data transformation : Data may need to be transformed in other make it usable for its intended purpose. Transformation techniques include standardized or normalized, one hot encoding and so on.

Data Reduction : this include principal componnent analysis and other attribute selection processes.

Analytics has proven to be an important tool in various sectors and industries such as business, technology with its ability to make model based prediction enabling business to move further ahead in production and Decison making, hence driving revenue and growth

7 0
3 years ago
Simon Corporation manufactures hydraulic valves. The product life of a valve is 4 years. Target average profit margin for Simon
Luda [366]

Answer:

Allowable unit cost of a hydraulic valve using the target costing model = 52.4

Explanation:

Given that:

Simon Corporation manufactures hydraulic valves. The product life of a valve is 4 years.

Target average profit margin for Simon 20.00%

The company does not expect the manufacturing cost to vary over the next 4 years

Estimated sales volume and the unit selling price of the valve for the next 4 years is given below:

Year                  Sales volume (units)                   Unit selling price

Year 1                       40,000                                 $80.00

Year 2                      50,000                                 $75.00

Year 3                     35,000                                   $50.00

Year 4                      25,000                                  $45.00

The objective is to determine the allowable unit cost of a hydraulic valve using the target costing model.

The Cost for each unit selling price can be calculated as:

= unit selling price - (Target average profit margin × unit selling price)

For Year 1

=  $80.00- (0.2 × $80.00)

= $80.00 - $16.00

= $64.00

For Year 2

= $75.00 - ( 0.2 × $75.00)

= $75.00 - ( $15.00)

= $60.00

Year 3

= $50.00 - (0.2× $50.00)

= $50.00 - $10.00

= $40.00

Year 4

= $45.00 - (0.2 × $45.00)

=$45.00 - $9.00

= $36.00

Year       Sales volume    Unit                Cost          Cost per Unit

                (units)             selling price  

Year 1       40,000          $80.00          $64.00       $2560000

Year 2      50,000          $75.00          $60.00       $3000000

Year 3      35,000          $50.00          $40.00        $1400000

Year 4       25,000          $45.00         $36.00        $900000

Total:        150000                                                    $7860000

Allowable unit cost = Total cost/Total number of unit cost

Allowable unit cost = $7860000/150000

Allowable unit cost = 52.4

6 0
3 years ago
Look at the following data: durable goods = $200 billion; nondurable goods = $350 billion; services = $600 billion; fixed invest
Jet001 [13]

Answer:

The answer is $1,701 billion

Explanation:

Gross Domestic Product (GDP) is the cumulative (total) market value of the final outputs (goods and services) produced within an economy(country) during a given period of time usually a year.

GDP = C + I + G + (X - M)

where C - expenditure by households or consumers

I - investments by businesses or firms

G - expenditure from the government

X - exports from the country

M - imports into the country

Total consumers' expenditure is:

durable goods = $200 billion;

nondurable goods = $350 billion; services = $600 billion

Total. $1,150 billion

Total business investment is $200billion

Therefore, GDP is

$1,150 + $200 + $400 + ($30 - $79)

=$1750 - $49

= $1,701 billion

6 0
3 years ago
Other questions:
  • The next dividend payment by Skippy, Inc., will be $1.56 per share. The dividends are anticipated to maintain a growth rate of 4
    7·1 answer
  • Imagine that you are a pecan farmer in Georgia. If the same trends hold true for nut production as maple syrup production, where
    14·1 answer
  • On January 1, 2018, Allgood Company purchased equipment and signed a six-year mortgagenote for $186,000 at 15%. The note will be
    15·1 answer
  • Which of the following equations describes customer value?
    5·1 answer
  • The City of South River budget for the fiscal year ended June 30, 2020, included an appropriation for the police department in t
    6·1 answer
  • Deciding which car to buy requires thinking; critical thinking, however, involves considering multiple choice how to finance the
    9·1 answer
  • What is one of the benefits of the current pattern of global trade?
    8·2 answers
  • A company must decide between scrapping or reworking units that do not pass inspection. The company has 22,000 defective units t
    10·2 answers
  • In which situation would a person pay more in income tax than he or she did
    11·2 answers
  • What are the two types of required insurance coverage to comply with florida's no-fault law?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!