1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
spin [16.1K]
2 years ago
8

Assume that the friend in the previous question notified the owner of the office building of the assignment. When the work was c

ompleted the owner paid Joe rather than Joe's friend. What rights if any does Joe's friend have?
A. None, because the friend is not in privity of contract with the building owner.
B. None because the building owner satisfied his contractual obligation by paying Joe.
C. The friend can successfully sue the building owner for payment because the friend gave notice of his right to receive the money.
Business
1 answer:
Cerrena [4.2K]2 years ago
8 0

Answer:

Stop assuming then....hehe haha don't know ur previous ques and too lazy to open it and even too lazy to read it full sorry

You might be interested in
Given the following:A firms projected free cash flows of2021 $20 million2022 $30 million2023 $50 millionAfter 2023, the growth r
kow [346]

Answer:

a) $1,300 million

b) $1,115.91 million

c) $112.39

Explanation:

To find horizon value, value of operations, and the stock price we need to go through calculations using appropriate formulas.

DATA

Free CashFlow, 2021 = $20 million

Free CashFlow,, 2022 = $30 million

Free CashFlow,, 2023 = $50 million

Growth Rate = 4%

Cost of Capital = 8%

Value of Long-term Debt = 12 million

Value of marketable securities = $20 million

outstanding shares = 10 million

Working

Free CashFlow,, 2024 = Free CashFlow,, 2023 * (1 + Growth Rate)

Free CashFlow,, 2024 = $50 million * 1.04

Free CashFlow,, 2024 = $52 million

Horizon Value

Horizon Value = Free CashFlow, 2024 / (Cost of Capital - Growth Rate)

Horizon Value = $52 million / (0.08 - 0.04)

Horizon Value = $52 million / 0.04

Horizon Value = $1,300 million

Value of operation

Value of Operations = $20 million / 1.08 + $30 million / 1.08^2 + $50 million / 1.08^3 + $1,300 million / 1.08^3

Value of Operations = $1,115.91 million

Stock price

To find the price per share we need to find the value of equity first

Value of Equity = Value of Operations - Value of Long-term Debt + Value of Marketable Securities

Value of Equity = $1,115.91 million - $12.00 million + $20.00 million

Value of Equity = $1,123.91 million

Price per share = Value of Equity / Number of Shares

Price per share = $1,123.91 million / 10 million

Price per share = $112.39

5 0
3 years ago
Which of the following is an example of marginal cost?
cestrela7 [59]

Answer:

B

Explanation:

6 0
3 years ago
You're reviewing the paid and organic search report for a client who runs a maui snorkelling tour business, and you see that her
Charra [1.4K]
The information can be used to help convince her to advertise her business website on search engines in order to make her business more prominent (even being brought to the top) when potential customers search using the keywords related to <span>maui snorkelling tour business. </span>
6 0
3 years ago
Privett Company Accounts payable $33,264 Accounts receivable 67,719 Accrued liabilities 6,039 Cash 20,980 Intangible assets 39,9
xz_007 [3.2K]

The total amount of quick assets is equal to $119,232. therefore, Option B is the correct statement.

<h3>What are Quick Assets?</h3>

Quick assets encompass cash available or current assets like accounts receivable that may be transformed to cash with minimum or no discounting.

Companies have a tendency to use the short assets to cover short-time period liabilities as they arrive up, so speedy conversion into cash (excessive liquidity) is critical.

Inventories and prepaid expenses aren't quick assets due to the fact they may be hard to transform into cash, and deep discounts are sometimes needed to do so.

The amount of quick assets is equal to Accounts receivable plus Cash plus Marketable securities.

Quick assets = $67,719 + $20,980 + $30,533

Quick assets = $119,232

Hence, the total amount of quick assets is equal to $119,232. Option B is the correct statement.

learn more about quick assets:

brainly.com/question/11209470

#SPJ1

5 0
2 years ago
For 115 consecutive days, a process engineer has measured the temperature of champagne bottles as they are made ready for servin
vaieri [72.5K]

Answer:

40° Fahrenheit

Explanation:

For an X-bar, the centre line is then average across all components. In this case, the average temperature across all 1150 bottles over 115 days will be 40° Fahrenheit as it is reported.

8 0
3 years ago
Other questions:
  • On January 1, Snipes Construction paid for earth-moving equipment by issuing a $320,000, 3-year note that specified 4% interest
    13·1 answer
  • By combining their resources and developing shared goals, procter &amp; gamble and walmart were able to increase the value to th
    6·1 answer
  • !WILL GIVE BRAINLIEST AND 15 PTS PLEASE HELPPP!
    8·2 answers
  • Kamal lives with his extended family consisting of his grandparents and parents. Kamal's decisions ensure that his personal iden
    7·1 answer
  • Jenny LePlaz is looking to invest in a five-year bond that pays annual coupons of 6.25 percent and currently sells at $912.34. W
    7·1 answer
  • Which of the following is an advantage of franchising? a. It allows the franchisor to earn all of the profits made by franchisee
    5·1 answer
  • Shawn went to a restaurant where the beer was mediocre and the place was run-down. The restaurant was out of many of its more po
    6·1 answer
  • SnowParadise operates a Rocky Mountain ski resort. The company is planning its lift ticket pricing for the coming ski season. In
    11·1 answer
  • What tends to happen to a nation that increases its participation in an open economy with an international sector?.
    8·1 answer
  • The purposes of managerial accounting are to provide useful information to aid in?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!