Donna orally agrees to sell a tool shed to Erv for $450.00. Donna removes the shed from her property and takes it to Erv’s place. When Erv does not pay, Donna Sues. Erv claims that the sale of the shed was an oral contract that is not enforceable under the statutes of frauds. What is the court likely to conclude and why?

Savvy sightseeing had beginning equity of $90,000; revenues of $144,000, expenses of $83,000, and dividends to stockholders of $10,800. there were no stockholder investments during the year. calculate ending equity.

The management of a private investment club has a fund of $250,000 earmarked for investment in stocks. to arrive at an acceptable overall level of risk, the stocks that management is considering have been classified into three categories: high risk (x), medium risk (y), and low risk (z). management estimates that high risk stocks will have a rate of return of 15%/year; medium risk stocks, 10%/year; and low risk stocks, 6%/year. the amount of money invested in low risk stocks is to be twice the sum of the amount invested in stocks of the other two categories. if the investment goal is to have a rate of return of 9% on the total investment, determine how much the club should invest in each type of stock. (assume that all the money available for investment is invested.)

If a bond is issued at a premium the effective interest rate is most likely