How would you convince your investor audience about the merits of your investment idea? ( give some decisions)

Mesa County contracts with New Construct Inc. to build a courthouse. New Construct hires Odell to excavate the site. Odell’s wor

Paraphin [41]

Answer:

c. liable on the ground that Mesa is an intended third-party beneficiary

Explanation:

In a contract, the third-party beneficiary is a business or a person that benefits from the agreement and the terms of the contract that is made between the two other parties. According to law, third-party beneficiary have certain rights which they can enforced if the contract is not fulfilled.

In the context, Mesa is a third party beneficiary. The Mesa County enters into a contract with New Construct Inc. to construct a court house. Now New Construct Inc. again hires the firm Odell to excavate the land site.

While excavating Odell damages few nearby properties, so Mesa County files a law suit against Odell. But Odell argues that Odell is not in agreement with Mesa County or have not entered into with any contract with the County, so Mesa cannot sue the excavator.

But the court hold that as Mesa County is the third party beneficiary of the contract and have certain rights, Odell is held liable for the loss and should compensate for the loss to the County.

3 0

2 years ago

The inventory data for an item for November are:a. Nov. 1: Inventory 20 units at $19b. Nov. 10: Purchased 30 units at $20c. Nov.

Zigmanuir [339]

Answer:

the cost of the merchandise sold for November if the company uses LIFO is c. $590

Explanation:

LIFO Inventory System sells the Inventory recently acquired first followed by the Older Inventory Acquired.

Cost of the merchandise sold for November - Calculation

November 4 : 10 units × $19 =$190

November 17 : 20 units × $20 =$400

Total =$590

4 0

2 years ago

Read 2 more answers

The compelling government interest test is used by the courts to determine whether a law regulating the content of speech will b

Tamiku [17]

Answer:

The statement is: True.

Explanation:

Compelling-state-interest-test balances the government's interest against an individual's right to be free of law. The test is part of the strict scrutiny analysis and is used as a precedent for future similar cases when the government legitimate interest is at risk.

6 0

3 years ago

Moyas Corporation sells a single product for $10 per unit. Last year, the company's sales revenue was $310,000 and its net opera

MissTica

If fixed expenses totaled $108,000 for the year, the break-even point in unit sales was:21, 600 Units

Explanation:

The Break Even Point in units is 21,600units.

We follow the below steps in order to arrive at the answer:

First we find Total variable costs of Moyas Corporation

Net operating income=Sales-variable cost-Fixed cost

47000=310000-variable cost-108000

Variable cost=310000-108000-47000

Variable Cost=155000

Next we find the number of units sold

No:of unit sold= Total Sales/Selling price per unit

No:of unit sold =310000/10=31,000

Then we find Variable Cost per unit

Variable cost per unit=Total Variable cost/Number of unit sold

Variable cost per unit=155000/31000=5

We calculate Contribution Margin per unit

Contribution Margin per unit =Selling price per unit-Variable cost per unit

Contribution Margin per unit = 10-5= 5

Finally we calculate Break Even Point (BEP) in units as:

BEP=Fixed cost per unit/Contribution Margin per unit

BEP=108,000/5=21600 Units

6 0

3 years ago

The owner of a bicycle repair shop forecasts revenues of $188,000 a year. Variable costs will be $57,000, and rental costs for t

Pachacha [2.7K]

Answer:

Adjusted accounting profit - $63,200

Cash inflow / Outflow - $63,200

Depreciation Tax shield - $63,200

Explanation:

Revenue - $188,000

Variable cost ($57,000)

Contribution $131,000

Rental cost ($37,000)

Depreciation (17,000)

($54,000)

PBIT 77,000

Income Tax (40%) (30,800)

Net Income 46,200

A) Adjusted Accounting profit

Add back non cash expenses (depreciation) = 46,200+$17000 =$63,200

B)Cash Inflow/Outflow

Revenue $188,000

Variable cost (57,000)

Rental cost (37000)

Income Tax (30,800)

$63,200

C Depreciation Tax Shield

Tax shield =40%*17,000= $6800

Cash income from operation (EBITDA*(1-tax rate) = 56,400

Add back $6,800 = 6,800

$63,200

6 0

3 years ago