Business, 01.04.2020 15:29 mathsuxdix
Statutes that are enacted to protect the public are called licensing statutes. Generally, unlicensed persons cannot recover payment for services when they do not have the required license. Problems arise if an unlicensed person tries to collect payment for services provided to another under a contract. Some statutes expressly provide that unlicensed persons cannot enforce contracts to provide these services. If a statute is silent on this point, enforcement depends on whether it is a(n) statute or a revenue-raising statute.
Answers: 1
Business, 22.06.2019 01:30
The gomez company, a merchandising firm, has budgeted its activity for december according to the following information: β’ sales at $500,000, all for cash. β’ merchandise inventory on november 30 was $250,000. β’ the cash balance at december 1 was $20,000. β’ selling and administrative expenses are budgeted at $50,000 for december and are paid for in cash. β’ budgeted depreciation for december is $30,000. β’ the planned merchandise inventory on december 31 is $260,000. β’ the cost of goods sold represents 75% of the selling price. β’ all purchases are paid for in cash. the budgeted cash disbursements for december are:
Answers: 3
Business, 22.06.2019 13:10
A4-year project has an annual operating cash flow of $59,000. at the beginning of the project, $5,000 in net working capital was required, which will be recovered at the end of the project. the firm also spent $23,900 on equipment to start the project. this equipment will have a book value of $5,260 at the end of the project, but can be sold for $6,120. the tax rate is 35 percent. what is the year 4 cash flow?
Answers: 2
Business, 22.06.2019 14:30
Whatβs the present value of a perpetuity that pays $250 per year if the appropriate interest rate is 5%? $4,750 $5,000 $5,250 $5,513 $5,788what is the present value of the following cash flow stream at a rate of 8.0%, rounded to the nearest dollar? cash flows: today (t = 0) it is $750, after one year (t = 1) it is $2,450, at t = 2 it is $3,175, and at t=3 it is $4,400. draw a time line. $7,917 $8,333 $8,772 $9,233 $9,695
Answers: 2
Business, 22.06.2019 17:00
Serious question, which is preferred in a business? pp or poopoo?
Answers: 1
Statutes that are enacted to protect the public are called licensing statutes. Generally, unlicensed...
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