Answer:
a. <u>FALSE</u>
b. A contract cannot forbid the assignment of the right to receive <u>funds</u> . Assignments also cannot be restricted for the transfer of <u>real estate</u> , also called a restraint against <u>alienation</u> . A contract cannot prohibit the assignment of checks or promissory notes, also called <u>negotiable instruments</u> . The right to receive <u>damages</u> in a contract for the sale of <u>goods</u> also can be assigned, even if the contract forbids it.
Answer:
$162,000
Explanation:
The amount of cost of goods manufactured is computed as
= Labor cost + Direct materials purchased + overhead costs - ending balance of materials - ending balance of work in process
= $57,000 + $25,000 + $88,000 - $3,000 - $5,000
= $162,000
Hence, the cost of goods manufactured is $162,000
Answer:
<em>$18.29</em>
Explanation:
It is very simple as per the question to calculate the current stock price.
The formula for calculating the Stock price is,
P = D/(r-g)
Hence, we calculate as follows,
Price = 0.75/(0.105-0.064)
Price = 0.75/0.041
<u><em>Price = $18.29</em></u>
<u><em /></u>
<u><em>Good Luck.</em></u>
