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2 years ago

Ruth runs a bread store. Her store's supply is highly elastic. What will Ruth do when the price of bread falls?

Business

1 answer:

I am Lyosha [343]2 years ago

5 0

Answer:

Explanation:

If there is more bread for a low price more people will come.

I did this before.

P.S.S Please press the crown if you will.

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Nabor industries is considering going public but is unsure of a fair offering price for the company. The firm's CFO has gathered

andreev551 [17]

Answer:

e. $3,892,587.08

Explanation:

The value of Nabor Industries entire company using the free cash flows can be determined by calculating the present value of all free cash flows that will be occurred in the future in the following manner:

Present value of 2004 free cash flow $176,991.15

200,000(1+13%)^-1

Present value of 2005 free cash flow $234,944

300,000(1+13%)^-2

Present value of 2006 free cash flow $277,220.06

400,000(1+13%)^-3

Present value of cash flows after 2006 $3,203,431.86

((400,000(1+4%))/(13%-4%))*(1+13%)^-3

Value of Nabor Corporation $3,892,587.07

So based on the above calculations, our answer is e. $3,892,587.08

8 0

3 years ago

Moe has entered into a contract with Larry. Subsequently, Moe assigns his rights in that contract to Curly. Which of the followi

bazaltina [42]

Answer:

Larry protests the assignment and demands that Moe not make the assignment.

Explanation:

An assignment is defined as the transfer of the responsibility of performing a task or contract to another person.

In this instance Moe is trying to assign the contract he has with Larry to Curly.

Curly will now take responsibility for the execution of the contract.

Assignment is allowed if performance of the task is assured, and the other party has no grounds to object if performance will not be affected.

The situation where the assignment will not be prevented is when Larry protests the assignment and demands that Moe not make the assignment.

However the assignment can be prevented if there is an anti-assignment clause, violate public policy, or materially alter Larry's duties and cause an increased burden or risk to Larry.

4 0

3 years ago

Shane's Catering began with cash of $10,000. Shane then bought supplies for $2,300 on account. Separately, Shane paid $7,500 for

dolphi86 [110]

Answer:

Part (a) Shane has $ 12,300 in total assets

Part (b) Shane owes $ 2,300 in liabilities

Explanation:

Shane's Catering began with cash of $10,000

At the beginning the Accounting Records of Shane should reflect the following Account Balances

Cash $10000 (debit)

Owners Equity $ 10000 ( credit)

Shane then bought supplies for $2,300 on account.

When Shane buys supplies on account the transaction is recorded as follows

Inventory $2300 (debit)

Account Receivable $ 2300

Shane paid $7,500 for equipment

When Shane pays for equipment in cash the transaction is recorded as follows

Equipment $7500(debit)

Cash $7500(credit)

Balance of Assets is calculated as:

Cash 10000+Inventory 2300- Cash 7500+ Equipment 7500 =$12300

Balance of Liabilities is calculated as:

Trade Receivable $ 2300

6 0

3 years ago

The transactions carried out by BTS Corporation during the year caused an increase in total assets of $150,000 and a decrease in

Marianna [84]

Answer:

Explanation:69

4 0

2 years ago

Dry cleaning companies often charge more for women's blouses than men's shirts. They claim that this is because women's blouses

ANEK [815]

Answer:

This practice of charging women more than men for the same service is known as <u>pink tax</u>.

Explanation:

Many manufacturers are charging more for products simply because they're branded for women. This practice is know as pink tax . It is consider a gender discrimination

4 0

3 years ago