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mariarad [96]
3 years ago
6

Restore Construction Company enters into a contract to remodel Sam’s Home Store, agreeing to use only products from United Build

ing Supplies. Halfway through the project, Restore refuses to finish the job. The contract can be enforced against Restore by:
Business
1 answer:
BlackZzzverrR [31]3 years ago
6 0

Answer:

Sam’s Home Store can enforce the contract against Restore Construction Company

Explanation:

In contract law, only the parties involved in a contract can take action to enforce the contract. In this case Sam' Home Store signed the contract with Restore, so they can enforce it. Any third party beneficiaries from the contract, like United Building Supplies, are not entitled to enforce anything.

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A corporate bond has 22 years to maturity, a face value of $1,000, a coupon rate of 4.6% and pays interest semiannually. The ann
julia-pushkina [17]

Answer:

a. The answer is: $1,008.40

b. The bond's YTM is 3.343%

c. The current yield is 3.826%

Explanation:

a. Bond price formula: ∑(C* / (1+YTM)n )

The price of the bond Intro A with i=1,2...10 is:

∑($1,000 x 3.4% / (1 + 3.3%)i ) = $1,008.40

b.  The price of the corporate bond which has 22 years to maturity is: $1,202.20

Given that the bond is trading at par value, the bond's YTM is:

[Annual Interest Payment + ((Face Value – Current Price) / (Years to Maturity))] / ( ( Face Value + Current Price ) / 2 )

= [$1,000 x 4.6% + (($1,000 - $1,202.20) /  22)]  / (($1,000 + $1,202.20) /2)

= 3.343%

c. The bond's current yield is:

Annual Interest Payment / Current Price = $46 / $1,202.2 = 3.826%

5 0
3 years ago
has an inventory of 500 obsolete remote entry keys that are carried in inventory at a manufacturing cost of $ 80 comma 500. Prod
Slav-nsk [51]

Answer:

Remote enter keys shall be further processed in order to decrease the amount of loss by $11,000.

Explanation:

As in the given case,

Number of units = 500

Carrying cost = $80,500

Cost per unit = 80,500/500 = $161

In case of scrap for the price of $4,000

Scrap price per unit = $4,000/500 = $8

Thus, loss per unit in case of scrap = $161 - $8 = $153

In case inventory is further processed

Total cost = $80,500 + $19,000 = $99,500

Cost per unit = $99,500/500 = $199

Revenue earned = $34,000

Revenue per unit = $34,000/500 = $68

Thus, loss per unit in case of further processing = $199 - $68 = $131

Therefore the inventory shall be processed in order to save the total loss of $153 - $131 = $22 per unit

Total loss saved = $22 \times 500 = $11,000

3 0
4 years ago
A Japanese auto company recognized the quality of air-conditioning systems that a U.S. company in Indiana successfully manufactu
Natali5045456 [20]

Answer:

insourced

Explanation:

A Japanese auto company recognized the quality of air-conditioning systems that a U.S. company in Indiana successfully manufactured for the U.S. auto industry. Rather than build its own, it <u>insourced</u> the air-conditioning component of its models to the U.S. company, which provided several jobs for skilled tradespersons in that state.

3 0
3 years ago
You are planning to build a new home with approximately 2,000-2,500 gross square feet of living space on one floor. In addition,
Sphinxa [80]

Answer:

The unanimous Declaration of the thirteen united States of America, When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature

5 0
3 years ago
Global aspirants are:
MissTica

Answer:

c. companies that have already developed products for their domestic middle markets and are now seeking to parlay their existing capabilities to serve the external global middle class.

Explanation:

  • The global aspirant companies are those that strive for a globally competitive market with the product that is already developed in the market and use for the domestic middle-income countries. That target the global middle classes and serves to the external global environment of the company and is the key to business products in the society.
5 0
3 years ago
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