Answer:
3. No, due to unilateral mistake
Explanation:
Lacey and Cagney both had agreed to wok for 30 hours per week and the agreement is in written format since it is enforceable. Both of them are sharing 50% profits so both will have to share the duties equally. When Lacey makes an excuse and is working for 20 hours per week only Cagney can sues her and she is in a probability to win against her. Lacey should have informed Cagney about the vacation from school scenario before signing the contract.
Answer:
a) see attached image
b) Atlantis's opportunity cost of producing one helmet = 200 / 100 = 2 baseballs
c and d) Atlantis's opportunity cost of producing one baseball = 100 / 200 = 0.5 helmets
Zanadu's opportunity cost of producing one baseball = 100 / 400 = 0.25 helmets ⇒ Zanadu has a comparative and absolute advantage in the production of baseballs
e) yes, Atlantis would produce 100 helmets, and if it trades 50 to Zanadu, it will get 150 baseballs in return. So it will gain from trade. If Zanadu produces 400 baseballs and trades 150 of them for 50 helmets, it will also benefit.
Explanation:
Pay PMI (private mortgage insurance) which is the amount the lender charges to protect their interests in case the borrower stops paying and defaults on the loan.
Answer:
Debt to Equity Ratio = 0.86
Explanation:
Debt to Equity Ratio = Total Liabilities / Stockholder's Equity
Total Liabilities = $0.84 million
Stockholder's Equity = $0.98 million
Debt to Equity Ratio = $0.84 million / $0.98 million
Debt to Equity Ratio = 0.857143
Debt to Equity Ratio = 0.86
Answer:
A. Increasing the LIFO
Explanation:
The answer is A because since the prices have continued to increase the LIFO method means last in first out which would mean that the higher costing inventory bought recently would be used first compared to the ones bought before which were cheaper.
Therefore, the LIFO inventory would have an increasingly lower value which would lead to an increase in the reserve.