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Kay [80]
2 years ago
5

Acceptance. Altisource Portfolio Solutions, Inc., is a global corporation that provides real property owners with services, such

as property preservation—repairs, debris removal, and so on. Lucas Contracting, Inc., is a small trade contractor in Carrollton, Ohio. On behalf of Altisource, Berghorst Enterprises, LLC, hired Lucas to perform preservation work on certain foreclosed properties in eastern Ohio. When Berghorst did not pay for the work, Lucas filed a suit in an Ohio state court against Altisource. Before the trial, Lucas e-mailed the terms of a settlement. The same day, Altisource e-mailed a response that did not challenge or contradict Lucas’s proposal and indicated agreement to it. Two days later, however, Altisource forwarded a settlement document that contained additional terms. Which proposal most likely satisfies the element of agreement to establish a contract? Explain.
Business
1 answer:
baherus [9]2 years ago
5 0

Answer:

Throughout the clarification segment elsewhere here, the definition including its issue is mentioned.

Explanation:

  • The very first e-mailed submission from Altisource that doesn't even dispute Lucas' suggestion would have been the proposal which most definitely meets the part of the arrangement to create a contract. It is when Altisource's e-mail was approved that they committed to it. Today, if a new arrangement with added provisions is presented two days after ratification, it can not be accepted as an aspect of the binding agreement.
  • If they could have some trouble with the arrangement, they could've just discussed the based distribution and therefore not approved the agreement. It would never be altered until they have approved it but the same could be known as either a contract arrangement.

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Refer to the following trial balance. ​ Debit Credit Cash $19,000 ​ Accounts Receivable 40,000 ​ Merchandise Inventory 62,000 ​
Kryger [21]

Answer:

The answer is B.

Explanation:

Gross profit is the difference between a company's net sales or total revenue and cost of sales or cost of goods sales.

Sales revenue is $433,000

Cost of Goods Sold is $240,000 ​

Remember that Gross profit is Sales revenue - cost of goods sold.

Sales revenue----------------------------$433,000

Minus: Cost of Goods Sold----------$240,000

Gross profit--------------------------------<u>$193,000</u>

5 0
2 years ago
Decker Tires' free cash flow was just FCF0 = $1.32. Analysts expect the company's free cash flow to grow by 30% this year, by 10
Alborosie

Answer:

d. $34.87

Explanation:

We need to calcualte the value of the company. This is done by addingthe present vbalue of the future free cash flow of the firm.

FCF0 = 1.32 (current accounting period)

FCF 1.32 + 30% = 1.716

FCF2 FCF1 + 10% = 1.716 x 1.1 = 1.8876‬

FCF3 FCF + 5% = 1.8876 x 1.05 =  1.98198‬

From here after we use the gordon model:

\frac{divends}{return-growth} = Intrinsic \: Value

WACC = 9%

grow = 5%

we use FCF instead of dividends: 1.98198

\frac{1.98198}{0.09-0.05} = Intrinsic \: Value

Value of the future cash flow 49,5495

Now, as this are in the future we must adjust using the present value of a lump sum:

\frac{1.716}{(1 + 0.09)^{1} } = PV  

PV   1.5743

\frac{1.8876}{(1 + 0.09)^{2} } = PV  

PV   1.5888

\frac{49.5495}{(1 + 0.09)^{2} } = PV  

PV   41.7048

Total: 1.5743 + 1.5888 + 41.7048 = 44,8679‬

Now we adjust for shrot term investment and debt outstanding:

vresent value of the future cash flow 44,8679‬

short term investment:                          4.0000

debt outstanding                                <u>   (14.000)  </u>

Net:                                                        34.8679

6 0
2 years ago
A privately owned summer camp for youngsters has the following data for a 12-week session: Charge per camper $480 per week Fixed
riadik2000 [5.3K]

Answer:

a) (480-320)X - 192,000

where:

X is the camper amount which is an integer between;

0 < X <200

b) it will require 1,200 over the course of 12 weeks

c) operating gain of 115,200

d)  marginal cost at 80% capacity: 320

   average cost: 420 per camper per week

Explanation:

b) contribution per camper:

480 - 320 = 160 dollars

fixed cost 192,000

192,000 / 160 = 1,200 campers

c) at 80% capacity:

200 camper x 12 weeks x 80% x 160 contribution  =

  307.200‬ contribution

<u> - 192,000 </u>fixed cost

  115,200 operating gain

d) the marginal cost per camper would be the 320 cost per week as the fixed cost are incurrent already thus, each new camper cost is only their variable cost.

the average cost per camper will be:

200 camper x 12 weeks x 80% = 1,920 campers

the average cost would be the sum of variable and fixed cost:

(1,920 x 320  + 192,000) / 1,920 = <em>420‬</em>

<em />

we cna verify this:

(480 - 420) x 1,920  = 115.200‬

we get the same income as before thus, the calculation are correct.

3 0
2 years ago
A small firm intends to increase the capacity of a bottleneck operation by adding a new machine. Two alternatives, A and B, have
Korolek [52]

Answer:

a. Alternative A Break-even point is 8,000 units Alternative B Break-even point is 7,500 units

b. Same profit with both alternatives at 10,000 units

c. Alternative A would have higher profit with a demmand of 12,000 units

Explanation:

a. FC/CMGu=BP

being:

FC= fixed costs

CMGu=contribution margin per unit

BP= Break even point

CMGu is the difference between price of sale and variable cost (per unit)

Alt. A Break-even point is $40,000/$5=8,000 UNITS

Alt. B Break-even point is $30,000/$4=7,500 UNITS

b. At 10,000 units both alternatives have the same profit

Alt. a.

Revenues= $150,000

Variable cost= $-100,000

Fixes Costs= $-40,000

------------------------------------

profit $10,000

Alt. b.

Revenues= $150,000

Variable cost= $-110,000

Fixes Costs= $-30,000

------------------------------------

profit $10,000

c. sales for 12,000 units

Alt. a.

Revenues= $180,000

Variable cost= $-120,000

Fixes Costs= $-40,000

------------------------------------

profit $20,000

Alt. b.

Revenues= $180,000

Variable cost= $-132,000

Fixes Costs= $-30,000

------------------------------------

profit $18,000

7 0
1 year ago
Read 2 more answers
An analyst following Barlow Energy has compiled the following information in preparation for additional analysis she has to incl
Vadim26 [7]

Answer:

FCFE: 99

Explanation:

FCFE: cash flow from operation - CAPEX + borrowing

we calcualte the cash flwo form operation using the indirect method:

net income - preferred dividends = available for common stock

income = 125  + 14 = 139

net income                                       139

depreciation expense                      50

change in working capital               (30)

          cash flow from operation: 159

CAPEX will be the long term assets investment

investment on fixed capital<u> 100 </u>

                          CAPEX       100

net borrowing                        40

159 -100 + 40 = 99

3 0
1 year ago
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