Answer:
.b.can agree to a new contract that includes the new price
Explanation:
When Sal and Tasty agreed to cancel their first contract, that was the end of that particular contract. No further negotiations can take place because the contract doe not exist. By calling Tasty the following day, Sal was initiating a new contract.
A new contract does not need to make any references to the canceled contract. Sal and Tasty are free to negotiate for new terms and negotiations since this is a new contract. The details of the canceled contract are no longer binding to them.
Answer:
<u>The target cost per iron= $83.25</u>
Explanation:
Profit Required = Required Investment * required rate of return
= $ 3,500,000*15%
= $ 525,000
Sales= 300000*85=$25,500,000.00
Less: profit required=$525,000.00
Cost= Sales- Profit
Cost=24,975,000.00
Per Unit Target Cost = Total Cost / Total Units
= $ 24,975,000/ 300,000
= $ 83.25
Answer:
There were 9 cats at the shelter on Wednesday.
Explanation:
Per day cost to care for each cat = $2.00
Per day cost to care for each dog = $6.50
Total Cost on Wednesday = $44.00
Suppose
Number of cats = C
Number of dogs = D
According to given condition
C + D = 13 (Equation 1)
( each cat's per day cost x Number of cats ) + ( each dog's per day cost x Number of dogs ) = Total coat
2C + 6.5D = 44 (Equation 2)
Multiply (Equation 1) by 2 and we get
2C + 2D = 26 (Equation 3)
Subtract (Equation 3) from (Equation 2)
2C + 6.5D - 2C - 2D = 44 -26
4.5D = 18
D = 18/4.5
D = 4
by placing value of D in (Equation 1)
C + 4 = 13
C = 13-4
C = 9
Answer:<u> Selling Price = $9803.92</u>
Explanation:
Given:
Treasury bill will provide 2% return in every 6 months.
Time = 6 months
Rate of return = 2% per 6 months
Selling Price of Treasury bill = 
Selling Price = 
<u><em>Hence price we would expect a 6-month maturity Treasury bill to sell for is $9803.92</em></u>
20 = 23+124 ? mab
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