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s344n2d4d5 [400]
2 years ago
7

Carl and debra orally agree on the sale of carl's electrical supplies company to debra and jot down the terms on the back of one

of carl's blank invoices, which they both sign. a written memorandum evidencing an oral contract that would otherwise be unenforceable must contain​
Business
1 answer:
Romashka-Z-Leto [24]2 years ago
3 0
A written memorandum evidencing an oral contract that would otherwise be unenforceable must contain essential terms. In which this essential terms are important as a way of providing terms that both parties must engage in as a way of meeting the contract that they have agreed on.
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Investors' Choice Fund had NAV per share of $37.25 on January 1, 2012. On December 31 of the same year the fund's rate of return
RideAnS [48]

Answer:

Explanation:

As fund rate of return = (final NAV - Initial NAV + Income distribution) / (Initial NAV)

17.3% = (final NAV - 37.25 + 1.14 +

1.35)/ 37.25

Final NAV = 34.76 + 6.44

= 41.2 is the answer (ending

NAV)

7 0
1 year ago
Read 2 more answers
Alex worked as a programmer for the GPS device and phone application known as MyWaze. He signed a covenant not to compete with M
Tatiana [17]

Answer:

<u>B, D</u>

Explanation:

1. Alex may be favoured in court if it was proven that Alex had signed the covenant not to compete in by force or else he would have been immediately fired from MyWaze. Then he may likely gain victory.

2. The second scenario, if Alex was involved in job at Google that wasn't going to compete with MyWaze;  that is rather than going to work on creating a GPS Application for Google, Alex was hired to be a programmer for Google’s e-mail system. Since the email system does not have any competition with a GPS app he may be favoured.

4 0
2 years ago
Mojo Mining has a bond outstanding that sells for $2,120 and matures in 18 years. The bond pays semiannual coupons and has a cou
Eddi Din [679]

Answer:

D. 3.66%

Explanation:

For computing the after tax cost of debt we need to apply the RATE formula i.e to be shown in the attachment

Given that,  

Present value = $2,120

Future value or Face value = $2,000

PMT = $2,000 × 6.6% ÷ 2 = $66.60

NPER = 18 years × 2 = 36 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this,  

1. The pretax cost of debt is 3.05% × 2 % = 6.10%

2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 6.10% × ( 1 - 0.40)

= 3.66%

4 0
2 years ago
The following selected transactions relate to cash collections for a firm that maintains a $100 change fund at all times. Presen
irakobra [83]

Answer:

a, Journal Entries to record transactions

Account Titles                 Debit           Credit

Cash                                 $5,412.36

Cash Short and Over      $0.71

($5,413.07 - $5,412.36)  

Sales                                                   $5,413.07

The actual cash in cash register is debited to cash account and cash receipts per cash register tally is credited to sales account and the balancing figure is debited or credited to Cash short and over account.

b. Journal Entries to record transactions

Account Titles                 Debit           Credit

Cash                                $3,712.95

Cash Short and Over                            $0.79

(3,712.95 - 3,712.16)

Sales                                                      $3,712.16

7 0
1 year ago
Elena has been absent without excuse twice during the past month. Her manager calls her into his office and issues a written​ wa
Leona [35]

Answer:

Basic corrective action

Explanation:

Basic corrective action is undertaken by management to its staff or employees in order to eliminate further recurrence of non-conformity with organization procedures, rules and policies. The written warning to Elena is an example of basic corrective action in order for her to stop absenteeism from work.

3 0
1 year ago
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