Answer:
$50,000
Explanation:
Since the partnership is valued at $300,000, then each partner's stake = $300,000 / 3 = $100,000
that means that each partner must purchase 2 policies (one for each of the other partners) that covers his/her stake = $100,000 / 2 policies = $50,000 per policy
Answer:
Dow Jones Industrial Average on May 30, 2017:
According to valueline.com, the Dow Jones Industrial Average on May 30, 2917 closed at 21029.47 Down 50.81.
Closing index = 21029.47
plus down movement =50.81
Opening index = 21080.28
This implies that the opening price was 21080.28.
Explanation:
The Dow Jones Industrial Average measures the stock performance of 30 large companies listed on stock exchanges in the United States. It is a stock price index. Others are the S&P 500 Index and the NASDAQ.
The opening index represents the day's beginning average price before trading started. During trading, the price must have seen variations, up and down movements. But, at the end of the day's trading, the closing price was reported to be 21029.47 Down 50.81.
From this closing index report, one can infer by adding back, that the opening price was above the closing price by 50.81 or about 51 basis point.
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Answer: a. reduced lead times
Explanation:
Lead time in a process refers to the amount of time it takes from the process's initiation to its conclusion. In general in Business, the shorter the lead time of a process, the better for the business as it usually leads to higher productivity, output and revenue levels.
Same goes for the reduction of lead times in transaction with vendors. With a shorter lead time, the process of making goods available for sale would be less and thus the goods can be sold in the market quicker therefore reducing inventory levels.
Answer: E. Hillary, because this is a shipment contract
Explanation:
When Parties enter into a Shipment Contract, it means that the Buyer assumes the risk for the goods being delivered even before it is delivered.
To clarify, in a Shipment Contract, The Seller only has responsibility up until the point that they deliver the goods to a Carrier or the point of Shipment. Under this contract this is also known as the Point of Delivery.
Once they have delivered it to the point of Shipment, anything that happens thereafter is on the buyer.
This is a Shipment Contract in the above scenario and the dresses were damaged during shipment which absolves the seller as they had already delivered and shipped the dresses so the risk of loss is on Hillary.
