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2 years ago

Buyer Henry is going to accept seller Shannon's $282,500 counteroffer. When will this counteroffer become a contract.

Business

1 answer:

zhuklara [117]2 years ago

3 0

The counteroffer will become a contract C. When Henry signs the counteroffer.

Although Shannon is agreeing to the $282,500 and can't change that on her end after she has submitted it, Henry still has to accept it and sign for the counteroffer. For the counteroffer to be contractual they have to be signed because there may be other counter offers coming in that could take the place of Shannon's.

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DeMont Tax Services provides primarily two lines of service: accounting and tax. Accounting-related services represent 60% of it

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Answer:

Accounting revenue = $7,500,000

Tax revenue = $5,000,000

Explanation:

Contribution margin is net of Sales price and variable cost per unit.

Break-even is the level of sales at which the business have no profit no loss. At this point business only covers the the variable and fixed cost.

Average contribution = (Revenue from Accounting x Contribution of accounting services ) + (Revenue from Tax x Contribution of Tax services )

Average contribution = (60% x 30%) + (40% x 40%) = 18% + 16% = 34%

Revenue at break-even = Fixed cost / Contribution margin ratio

Revenue at break-even = $4,250,000 / 34% = $12,500,000

Accounting revenue = $12,500,000 x 60% = 7,500,000

Tax revenue = $12,500,000 x 40% = 5,000,000

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2 years ago

How many more rupees would 20 000 euros buy at peak exchange rate than at closing point?

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There will be a total of 31,400 more rupees would 20000 euros buy at peak exchange rate than at closing point. We can buy more rupees at the peak exchange rate than at the closing point using the currency of Europe which is euro. The answer in this question is 31,400 more rupees can buy at 20000 euros.

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2 years ago

Explaining to a borrower the fees that make up the Annual Percentage Rate (APR) of a borrower’s loan is:

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Answer: b. Permissible if the Notary Signing Agent has the breakdown of the fees

Choices are:

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“D. encouraged in order to provide superior customer service to the borrower”

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2 years ago

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Jenkins wins extend the lease and no acceptance

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1 year ago

Larry Nelson holds 1,000 shares of General Electric common stock. The annual shareholders meeting is being held soon, but as a m

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Answer:

Larry must have signed a PROXY AGREEMENT that gives the management group control over his shares.

A proxy agreement is generally used for stockholders voting procedures, they basically grant another person the right to vote on behalf of another stockholder.

Larry's current investment in the company is $86,000.

= 2,000 stocks x $43 = $86,000

If the company issues new shares and Larry makes no additional purchase, Larry's investment will be worth $82,560.

company's new market value = (20,000 x $43) + (5,000 x $34.40) = $1,032,000

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= $41.28 x 2,000 = $82,560

This scenario is an example of STOCK DILUTION.

The stock price will lower because the increase in the company's value is less than proportional to the increase in the number of stocks.

Larry could be protected if the firm's corporate charter includes a PREEMPTIVE provision.

Preemptive rights give current stockholders the right to purchase more stocks (in case the company issues more stocks) before any outside investors.

If Larry exercises the provisions in the corporate charter to protect his stake, his investment value in the firm will become $103,200.

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1 year ago