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1 year ago

Steve Mason purchased a storage shed for $3,074. He made a 40% down payment and financed the rest. What amount did he finance?

1 answer:

7 0

From the situation above, after Steve Mason made a 40% down payment for the purchased storage shed, he will only need to finance 60% of the price which is the remaining amount.
financed amount = (0.60)($3,074)
The answer to the question above is $1844.4.

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A chain of dry-cleaning outlets wants to improve its operations by using data from devices at individual locations to make real-

Alenkasestr [34]

Answer: edge computing

Explanation:

Edge computing refers to an open and distributed IT architecture which possesses features such as decentralized processing power, and Internet of Things (IoT) technologies.

Data is not transmitted to a day center but rather being processed by the device itself or the server. It helps in bringing data storage and computation closer to the data sources and this helps in saving bandwidth and improving response times.

Since the company wants to improve its operations by using data from devices at individual locations to make real-time adjustments to service delivery, then the technology that would be combine with its current Cloud operations to make this possible is the edge computing.

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1 year ago

He received a grant for $1,900. What is the minimum amount Joaquin will need to contribute to his education annually if he choos

Umnica [9.8K]

If he chooses to live at home, the room and board fees are irrelevant.
$9,450 +
$2,680 +
$1,875 +
$930 =
14,935 - the $1,900 grant =
$13,035!!

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2 years ago

Read 2 more answers

Solar represents a minuscule portion of u.s. energy production because of ________.

lions [1.4K]

I believe it should be lack of investment

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2 years ago

Case: Keller v. Central Bank of Nigeria

Nesterboy [21]

Answer:

1.Parties [Identify the plaintiff and the defendant] - The plaintiff is Henry Keller of H.K.Enterprises and the defendant is Bank of Nigeria and Nigerian individuals Central Bank of Nigeria, Paul Ogwuma, ?Alhaji Rasheed, Alhaji M.A. Sadiq.

2.Facts [Summarize only those facts critical to the outcome of the case] - The case was filed by Keller against the defendants in United States. The case was filed under Racketeer Influenced and Corrupt Organizations Act (“RICO”) as the plaintiff found himself a victim of fraud and financial scam.The scam occured when one of the defendants approached the plaintiff who was the sales representative of medical equipments for granting him the distribution rights for Nigeria. The expected amount of money was not transferred in the account of plaintiff inspite of his attempts of meeting the requirements of the defendants. The defendants acted on the behalf of Central Bank of Nigeria and as Nigerian individuals.

3.Procedure [Who brought the appeal? What was the outcome in the lower court(s)?] - The appeal was filed by the defendants Central Bank of Nigeria,?Paul Ogwuma, Alhaji Rasheed, Alhaji M.A. Sadiq. The lower court gave the decision that the claims of fraud and misrepresentation do not hold against the defendants as the plaintiff entered into an arrangement with them which is not legal and as per the rules. However the lower court ruled that immunity cannot be given under FSIA to the defendants as the commercial activity is an exception and claims for violation of RICO are applicable on them.

4. Issue [Note the central question or questions on which the case turns] - The case turns on the appeal of defendants to be granted immunity under Foreign Sovereign Immunities Act. The ruling indicated that the defendants have sovereign authority. Also, the commercial activity clause did not apply in this case as the activity was not done in United States and did not meet the legal standards of a commercial activity.

5.Explain the applicable law(s). - Applicable laws are Common law fraud, violations of RICO(Rackteer Influenced and Corrupt Organizations Act), Misrepresentation.

6.Holding [How did the court resolve the issue(s)? Who won?] - The court resolved the issue by giving a decision in the favor of defendants by ruling that immunity is given to Foreign nationals under FSIA and dismissed any claims filed against them under RICO.

7.Reasoning [Explain the logic that supported the court's decision] - The logic supporting the court's decision is that the arrangement between the plaintiff and defendants including the signed contract was not as per the laws and rules and was not legally compliant. Moreover the commercial activity was out of bounds for United states so the exception to FISA is not applicable. The defendants claimed that they did not enter into the contract with the plaintiff.

Explanation:

5 0

2 years ago

Scott used $4,000,000 from his savings account that paid an annual interest of 5% and a $60,000 loan at an annual interest rate

grigory [225]

Answer: - $103,000

Explanation:

Cash from saving = $4,000,000

Interest on saving = 5%

Loan taken = $60,000

Interest on loan = 5%

Cost of sale = $4,100,000

From the above information,

Scott invested $4,000,000 if his saving which yields annual interest of 5% and took a $60,000 loan with an interest of 5% per annum.

Interest paid on loan = 0.05 × $60,000 = $3000

Business was sold for $4,100,000 a year later. Therefore, return on his investment

$(4,100,000 - 4,000,000 - 3000) = $97,000

However, if Scott had left the $4,000,000 invested in his saving account, he would have received

0.05 × 4,000,000 = $200,000 as interest.

Therefore, accounting profit :

$97,000 - $200,000 = - $103,000

6 0

2 years ago