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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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The key characteristic of organizational culture that addresses the degree to which people exhibit integrity and high ethical st

attashe74 [19]

Answer:

Integrity

Explanation:

Organizational culture consists of shared assumptions, values, and beliefs, which governs how people behave in organizations. These values determines how people behave in an organizational settings and there are different characteristics ranging from innovation, teamwork, stability etc. The main one that addresses degree people exhibit integrity and high ethical standards is Integrity.

8 0

2 years ago

A stock index is valued at $800 and pays a continuous dividend at the rate of 3% per year. The 6-month futures contract on that

yan [13]

Answer:

Possible options:

A. 38

B. 40

C. 42

D. There is no arbitrage opportunity.

Answer is B

Explanation:

With the given data, the no-arbitrage futures price should be; 800e(0.025-0.03)*0.50 =798−Since the market price of the futures contract is lower than this price there is an arbitrage opportunity. The futures−contract could be purchased and the index sold.−

Arbitrage profit is 798 - 758 = 40

8 0

2 years ago

Last year, Michelson Manufacturing reported $10,250 of sales, $3,500 of operating costs other than depreciation, and $1,250 of d

Margarita [4]

Answer and Explanation:

The computation is shown below:

Particulars Last year Current year

Sales $10,250 $10,250

Operating cost -$3,500 -$3,500

Operating income $6,750 $6,750

less:

Interest expense

(6.5% of 3,500) -$227.50 -$227.50

depreciation expense -$1,250 -$1,975 ($1,250 + $725)

Earning before tax $5,272.50 $4,547.50

Less: Income tax

at 21% -$1,107.23 -$954.98

Net income $4,165.27 $3,592.53

Now the net cash flow is

Net income $4,165.27 $3,592.53

Add:

Depreciation $1,250 $1,975

Total net cash flows $5,145.27 $5,567.53

Change is $422.26

6 0

2 years ago

Andy is talking to his friend Bruce, who has an interest in Arlington, LLC, about purchasing his LLC interest. Bruce’s outside b

dangina [55]

Answer:

$23,000

Explanation:

LLC interest for $18,000 +$5,000 one-fourth share of the LLC’s debt

=$23,000

Therefore If Andy bought Bruce’s LLC interest for $18,000, Andy’s outside basis in Arlington, LLC will be $23,000 because Andy's basis would equal the amount he paid for his LLC interest plus his share of the LLC debt which is why he would have a starting basis of $18,000 + $5,000 of LLC debt, or $23,000

7 0

2 years ago

Global Shipping Corporation and Harbor Warehouse Company transfer their property to Investment Managers, Inc., which manages the

harkovskaia [24]

Answer:

Joint stock company

Explanation:

Global Shipping Corporation is a joint stock company because they have investment managers. Joint stock company is a structure in which share are sold to the stockholders of the company. Overall, the shareholders select board of directors by joint voting. In a joint stock company the shareholders are allowed to sell their shares to others.

3 0

2 years ago