Answer:
Option "C" is the correct answer to the following question.
Explanation:
In the following situation, Jack, Hal, and Sophia agreed to a business without an agreement, so in this situation, if jack wants not to take $100,000, he is not liable for this because it is the agreement for sale without the non-competition clause.
So, it is a valid contract.
Therefore, option "C" is the correct answer.
The correct answer is<span> D.In all his businesses, Rockefeller made sure that he controlled all aspects of production.
What he did for example for oil was control all things relevant for oil such as rigs, refinement, transportation, gas stations, roads, all kinds of similar things. This way nobody could bother him in any way and he could dictate the prices and the market. </span>
Answer:
EPS = 1.077
Explanation:
302,000 shares at december 31th, 2017
202,000 issued
504,000 total
(net income - preferred stock dividends) / common stock
(626,000-83,000 ) / 504,000 = EPS = 1.077380952 = 1.077
Answer:
B. transfer
Explanation:
Transfer payment is when income is received and neither goods or services are exchanged.
Transfer payment is a form of reallocation of resources.
I hope my answer helps you
Answer:
The result of K's inaction causes an increase in the outstanding loan by $50
Explanation:
<em>Step 1: Determine the interest amount</em>
The interest amount can be determined as follows;
I=PRT
where;
I=interest amount
P=principal amount
R=annual interest rate
T=time
In our case;
I=unknown
P=$1,000
R=5%=5/100=0.05
T=1 year
replacing;
I=1,000×0.05×1=$50
<em>Step 2: Determine the total loan amount</em>
This can be expressed as;
A=P+I
where;
A=total loan amount
P=principal amount
I=interest amount
In our case;
A=unknown
P=$1,000
I=$50
replacing;
A=1,000+50=1,050
The loan amount due after a year=$1,050
The result of K's inaction causes an increase in the outstanding loan by $50