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aleksandr82 [10.1K]
3 years ago
9

Leslie contracts with Remodel, Inc., to redo her living room, but she changes her mind and breaches the contract before Remodel

can begin work. As a remedy for the breach, Remodel can seek:
Business
2 answers:
Varvara68 [4.7K]3 years ago
6 0
Remodel Inc can seek compensation. By entering a contract with Leslie, both parties are bound by certain rules. The contractor must have spent some money related to performing the job. Breaching the agreement impacts on Remodel, financially speaking. They can therefore seek compensation for any amount spent due to the award of the contract, like logistics costs incurred to fulfill the contract.
Anastasy [175]3 years ago
6 0
If Leslie had changed her mind for Remodel Inc, before they continue on doing her room and breaching the contract before it's too late then the Remodel, Inc., can seek at least the profits that they can get or expected to have from the contract if the work has not been able to continue.
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Answer:

3 years

Explanation:

The formula to compute the payback period is shown below:

= Initial investment ÷ Net cash flow

where,  

Initial investment is $450,000

And, the net cash flow = annual net operating income + depreciation expenses

= $105,000 + $45,000

= $150,000

Now put these values to the above formula  

So, the value would equal to

= ($450,000) ÷ ($150,000)

= 3 years

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Brendon Walsh wants to borrow $30,000 from the bank. The interest rate is 6% and the term is for 5 years.
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Answer:

38,000

explanation:

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3 years ago
Explain population in biology​
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7 0
3 years ago
Meyerson’s Bakery is considering the addition of a new line of pies to its product offerings. It is expected that each pie will
neonofarm [45]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

It is expected that each pie will sell for $15 and the variable costs per pie will be $9. Total fixed operating costs are expected to be $25,000. Meyerson’s faces a marginal tax rate of 35%, will have interest expense associated with this line of $3,500.

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Break-even point (dollars)= $71,250

8 0
3 years ago
Suppose the economy is in a recession. The economy needs to expand by at least $350 billion, and the marginal propensity to cons
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Answer:

$140

Explanation:

Calculation for What is the least amount the government can spend to overcome the $350 billion gap

First step is to find the Multiplier using this formula

Multiplier=1(1-Marginal propensity)

Let plug in the formula

Multiplier=1/(1-0.6)

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Let plug in the formula

Least amount=$350 billion /2.5

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Therefore the least amount the government can spend to overcome the $350 billion gap is $140

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3 years ago
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