All categories

3 years ago

Greg's agrees to buy hal's sports store on condition that he is approved by first state bank for the financing. this approval is

1 answer:

6 0

The approval in which Greg's agrees to buy Hal's sports store on condition that he is approved by first state bank for the financing is condition precedent. The condition precedent is a condition that is required in order something else to occur<span> and must come to pass before a specific contract is considered.</span>

You might be interested in

Santos International is a beauty salon in Texas. The salon is conveniently located in mid-town, and there is plenty of parking.

Marta_Voda [28]

Answer: d. By choosing the right distribution channel.

Explanation:

In order for Santos to benefit effectively from the services they offer, they need to select the right distribution channel that will ensure that their products and services get to their customers in such a way that the customers are able to utilize these services.

They need to research the various distribution channels available to them and then based on the unique circumstances of their customers, decide which one would be best to ensure maximum reach to their customer base.

5 0

3 years ago

Purpose of Assignment The purpose of this assignment is for students to employ capital budgeting techniques using time value of

garik1379 [7]

Answer:

Present Value 5,715,331.32

We are going to accept the project only if the initial investment is at 5,715,331 or below in order to achieve the return to support the cost of capital structure of the company

Accepting a project with a higher cost will not generate enought cashflow to sustain the patyment of debt and the return expected from the stockholders therefore, will generate a economic result and investor will leave the company for other which can sustain their desired return.

Explanation:

We are going to discount the yearly cash-flow at the given rate of 12.50%

then, the terminal value which is the present value of the future period will also be discounted at this rate.

The sum of all this will be the present value of the firm.

$\left[\begin{array}{ccc}$Year&$Cash Flow&$Discounted\\1&575000&511111.11\\2&625000&493827.16\\3&650000&456515.77\\4&725000&452613.93\\5&850000&471689.61\\$terminal&6000000&3329573.74\\Present&Value&5715331.32\\\end{array}\right]$

The formula we use the present value of a lump sum:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

We are going to accept the project only if the initial investment is at 5,715,331 or below in order to achieve the return to support the cost of capital estructure of the company

3 0

3 years ago

Albert decided that it was time to invest his money. he was quite excited and told his friends about his new financial venture.

NemiM [27]

Financial venture. even his wife was supportive. albert liked a number of riskier company

8 0

3 years ago

Only one of the approaches to ethical reasoning has as its central tenet that actions are more right if they promote more happin

Mice21 [21]

Answer:

A. End-result ethics

Explanation:

7 0

3 years ago

Corporate managers who supervise, coach, and guide lower-level employees and serve as their organizational sponsors are called

Vsevolod [243]

Answer:

networkers

Explanation:

Corporate managers who supervise, coach, and guide lower-level employees and serve as their organizational sponsors are called: networkers.

8 0

2 years ago