A third party can perform contractual obligations on behalf of the promisor, when the original promisor dies.
Contracts? Why do you say that?An agreement between parties that produces mutually binding legal obligations is known as a contract. Mutual assent, conveyed through a contract-compliant offer, adequate consideration, capacity, and legality are the key elements required for the agreement to be a valid offer and acceptance.
What are the terms of business contracts?A contract is an agreement between two parties that places a duty of performance on one of them. These are required for a contract to be enforceable in court.
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joyner company has the following historical collection pattern for its credit sales: 60% collected in month of sale 20% collected in the first month after sale 15% collected in the second month after sale 4% collected in the third month after sale 1% uncollectible budgeted credit sales for the last six months of the year follow. july $ 49,000 august 54,000 september 59,000 october 64,000 november 69,000 december 61,500 required: a. calculate the estimated total cash collections during october. b. calculate the estimated total cash collections during the year's fourth quarter.
An estimate of the anticipated cash payments and receipts during the budget period is known as a cash budget. It is a crucial cash management tool that assists in determining whether there will be cash surpluses or shortages during the period.
How Does a Cash Budget Work?An estimate of a company's cash flows over a specific time period is called a cash budget.This could be done for an annual, quarterly, weekly, or monthly budget.The purpose of this budget is to determine whether the company has enough cash on hand to continue its operations for the allotted amount of time.
How crucial is the cash budget?For determining a company's financial stability, a cash budget is essential. You can keep track of how much money comes into and goes out of a business over time with this budget.
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a client has a job as a tenured professor of finance at a successful university. tenure implies that the professor can only lose the job in extreme cases of misconduct or closing of the program. in addition, this professor is in good health, has a healthy spouse, both of whom have life expectancies into their 90s, and expects to work another 15 years, but can work longer if retirement needs require it. the salary, although sufficient for a comfortable lifestyle, will not make the couple wealthy, in and of itself. what kind of investment portfolio is appropriate for this client?
A retirement savings plan that employees participate in by putting a portion of their pay into an account that earns interest. This plan is established by an employer.
What is typically a person's most valuable asset?Individual Assets' Median Worth. The most valuable asset that households own is real estate, which they can use for their own use or rent out. The portfolio also includes financial assets like stocks, mutual funds, bonds, and retirement accounts.
How are investments affected by inflation?Due to the fact that when savings money is repaid, it may be worth much less than when it was lent, and the real rate of interest may be low, inflation may dry up funds for investment.
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what are the roles of the states as economic globalization continues to grow? what makes these economies vulnerable?
Globalization additionally creates a sense of interdependence among nations, which should create an imbalance of power amongst countries of specific economic strengths.
The role of the nation-state in a world world is mostly a regulatory one as the chief factor in global interdependence.
What is the role of globalization in monetary development?In general, globalization decreases the fee of manufacturing. This means that organizations can provide goods at a decrease rate to consumers. The common fee of goods is a key component that contributes to increases in the standard of living. Consumers additionally have access to a wider variety of goods
Elements of monetary globalizationThe growth in cross-border economic things to do takes five fundamental forms: (1) global trade; (2) overseas direct investment; (3) capital market flows; (4) migration (movement of labor); and (5) diffusion of technological know-how (Stiglitz, 2003).
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https://brainly.com/question/25499191#SPJ4what are reasons that companies expand into foreign markets? (choose every correct answer.) multiple select question. to educate employees about new cultures to help lower-income countries to gain access to low-cost production to gain access to new customers to achieve lower costs
reasons that companies expand into foreign markets are:
to achieve lower costs
to gain access to low-cost production
to gain access to new customers
Foreign markets are any markets that are not in a company's home country. Selling in foreign markets involves navigating a variety of languages, cultures, laws, rules, and requirements.
International marketing enables social and cultural exchange between many different countries. The newest trends and clothing from one count were sold alongside the products.
Global or international market expansion is the process of expanding your business operations to a new country. It entails more than merely making investments outside of the nation where the business is based. Instead, it refers to establishing a business company legally in another nation and conducting business there.
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The manager of a 150-unit apartment complex knows from experience that all units will be occupied if the rent is $1000 per month. A market survey suggests that, on average, one additional unit will remain vacant for each $20 increase in rent. What rent should the manager charge to maximize revenue?.
The manager should charge a rent of $2500 to maximize the revenue from the apartment complex and increase the profit
x = $20 increases
Price=$1000+20x
Quantity=150-x
The first step is to find revenue by coming up with an equation
Revenue=Price × Revenue
R(x)=(1000+20x) (150-x)
The second step is to maximize the revenue
R(x)= - 20x^2 + 2000x + 150000
The third step is to find the derivative and set it to zero
R(x)=2000x - 150000
150000=2000x
x=75
The fourth step is to determine the rent that the manager should charge to maximize revenue
Price=$1000+20x
Price=$1000+20(75)
Price=$1000 + 1500
Price=$2500
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in highly cohesive teams, when members try to maintain harmony by striving toward consensus on issues without ever offering, seeking, or seriously considering alternative viewpoints and perspectives, this is
Groupthink occurs when members of highly cohesive teams try to maintain harmony by working toward an agreement on topics without ever presenting, seeking out, or properly considering alternate thoughts and perspectives.
Groupthink is a phenomenon that happens when people come to an agreement without using critical thinking or weighing the pros and drawbacks.
The foundation of groupthink is a shared desire to keep the balance of the group. In this situation, the urge for group cohesion effectively stifles wise judgment and creative problem-solving.
A typical everyday example of groupthink is the internal justification of unfair business practices and the unwillingness to speak out against them.
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creativeworkswhat is guardbanding? group of answer choices capturing mutual agreements on the work activity deliverables. when engineers set product specifications tighter than they need to be. keeping the workplace clean and neat by making cleaning a daily activity. a practice that uses point-of-sale scanner data to manage payment, promotion and replenishment.
When engineers set product specifications tighter than they need to be is known as Guardbanding.
Guardbanding is a technique used to stop interference of any type. When designed engineers make their standards higher than necessary, it happens.
The engineers demonstrate a type of guardbanding known as behaviour guardbanding. The core idea behind guardbanding is to limit the Pass/Fail thresholds applied to a calibration test based on a predetermined standard. Guardbanding is used to reduce the chance that someone will accept an out-of-tolerance unit or reject an in-tolerance unit.
Guardbanding has an impact on a calibration test's outcome. Guard banding is a method for lowering the possibility of running into a bad conformity choice, like: False acceptance is the assertion that a result is acceptable when it is not. False Rejection: Declaring that a result is unacceptable when it is not.
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kava botanicals, a boutique retailer that sells high-end makeup and accessories, is owned by two makeup manufacturers. kava botanicals is an example of which type of strategic alliance?
Two makeup companies own kava botanicals, a boutique store that sells high-end cosmetics and accessories. An illustration of a joint venture-style strategic collaboration is kava botanicals.
What exactly Is a Joint Venture (JV)?A joint venture (JV) is a type of business partnership wherein two or more parties concur to combine their resources in order to finish a specific task. This work could mark the beginning of a brand-new project or any other kind of business venture.
All members of a JV share in the profits, losses, and expenses associated with the JV. But the venture exists independently of the participants' other business ventures. A JV can be established using any legal structure, including corporations, partnerships, limited liability companies (LLCs), and other business entities, despite the fact that it is a partnership in the traditional sense.
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to decrease the money supply, the federal reserve could group of answer choices conduct an open market purchase of treasury securities. increase the required reserve ratio. raise income taxes. lower the discount rate.
To decrease the money supply, the federal reserve could increase the required reserve ratio.
The Federal Reserve, also known as the "Fed", is the central banking system of the United States. It was created in 1913 in response to the Panic of 1907, when a severe financial crisis threatened the stability of the US economy.
The Fed is responsible for managing the money supply and setting interest rates, two of the most important tools in regulating the economy. The Fed is often referred to as the most powerful financial institution in the world, and with good reason.
Hence, the correct option is "second".
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the transaction used to record the receipt of cash from customers for services to be performed later would include
The transaction used to record the receipt of cash from customers for services to be performed later would include is a debit to cash and a credit to fees income.
A company's finances remain balanced thanks to debits and credits. Every transaction involving them is recorded in pairs, thus a debit to one financial account necessitates a credit to another one or a sum of credits to all other financial accounts, depending on their worth.
The foundation of double-entry accounting is this procedure. Accounts "roll up" into specific lines on a company's balance sheet or income statement, both of which depict a company's financial health, value, and profitability. This makes accuracy essential. They also assist internal and external decision-makers, including as management of the company, lenders, investors, and tax authorities.
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gourmet donuts owns 800 shares of coffee express. coffee express, which issued 100,000 shares of stock, declares a cash divident of $0.50 per share to stockholders. which journal entry correctly records the cash dividend received by gourmet donuts?
Gourmet Donuts holds 800 shares in Coffee Express. Coffee Express, which issued 100,000 shares of stock, declares a cash dividend of $0.50 per share to owners. Cash 400 Dividend revenue 400.
Stock in finance refers to the shares of ownership in a corporation or company. A single share of stock represents fractional ownership of the firm in proportion to the total number of shares. This typically entitles the shareholder to that fraction of the company's earnings, proceeds from asset liquidation (after discharge of all senior claims such as secured and unsecured debt), or voting power, often divided in proportion to the amount of money each stockholder has invested.
Stock can be bought and sold privately or on stock exchanges, and such transactions are often carefully regulated by governments to prevent fraud, protect investors, and benefit the greater economy.
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efficient use of resources allowing for lower prices to customers and/or higher margins, while maintaining excellent quality describes which lean operation competitive advantage?
The correct answer is zero waste.
Zero waste is a collection of waste prevention guidelines that supports restructuring resource life cycles to maximise product reuse. Avoiding dumping rubbish in landfills, incinerators, or the ocean is the aim of this movement.
The Zero Waste International Alliance (ZWIA) has accepted the following definition:
Zero waste refers to the preservation of all resources by responsible production, consumption, reuse, and recovery of all goods, packaging, and materials, without burning them or releasing waste into the atmosphere, water, or land that could endanger human health or the environment.
In contrast to end-of-pipe waste management, zero waste refers to waste prevention. This whole systems approach seeks to drastically alter how resources move through society such that there is no waste.
Achieving zero waste involves more than just reducing, reusing, and recycling waste. To cut waste, it focuses on redesigning the manufacturing and distribution networks.
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symington corporation uses the periodic inventory system. at december 31, 2024, the end of the company's fiscal year, a physical count of inventory revealed an ending inventory balance of $320,000. the following items were not included in the physical count: goods held on consignment at murphy corporation $ 23,000 merchandise shipped to a customer on 12/30/2024 free on board destination (merchandise arrived at customer's location on 1/3/2025) 12,000 merchandise shipped to a customer on 12/29/2024 free on board shipping point (merchandise arrived at customer's location on 1/2/2025) 6,000 merchandise purchased from a supplier, shipped free on board destination on 12/29/2024, in transit at year-end 24,000 symington's 2024 ending inventory should be:
In transit at year-end, 24,000 Symington's 2024 ending inventory should be $355,000.
= Ending inventory balance at December 31, 20X1 + Goods held on consignment at Murphy corporation + Merchandise shipped to customer on 12/30 and arrived at customer' location on 1/3/2017
= $320,000 + $23,000 + $12,000
= $355,000.
inventory or stock refers to the goods and accouterments a business holds for the ultimate resale, product or utilization. force operation is a discipline primarily about specifying the shape and placement of graded goods. Inventory is the raw accouterments used to produce goods as well as the goods that are available for trade. It's classified as a current asset on a company's balance distance. The three types of force include raw accouterments, work-in-progress, and finished goods.
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how would you justify the use of protective and protective tariffs in today's global markets? give some recent examples.
Protective tariffs are beneficial if they are imposed to safeguard a market. There will be market failure if there is a greater supply of imported items on the market.
The industries of the nations producing goods could fail, which would finally end the manufacturing of goods. For instance, protective tariffs are put on imported Japanese wheelbarrows to compel a price hike if a wheelbarrow built in Japan costs $50 in the US and a wheelbarrow created locally is likewise priced at the same level. Protective tariffs market aim to make imported goods more expensive while protecting domestic producers from overseas rivalry.
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nestor is considered to be tech savvy by his friends. he is unafraid to take risks when it comes to trying new products and is always the first in his group to get the latest gizmo. what type of product adopter is nestor?
Nestor is considered to be tech savvy. He is unafraid to take risks when it comes to trying new products and is always the first in his group to get the latest gizmo. Nestor is a innovator type of product adopter.
To be tech savvy is to be comfortable and familiar with using technology. This can mean different things for different people, but generally it means being able to use technology for tasks such as communication, research, problem solving, and entertainment.
For some people, being tech savvy also means having some level of understanding of how technology works and being able to take risk when issues may arise.
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ou take out student loans to help pay for your degree at a 5% annual interest rate. assume the bank expected inflation to average 3% per year. a. what real interest rate did the bank expect to earn from your loan?
The real interest rate did the bank expect to earn from your loan is 0.02 = 0.2 %.
Providing the following details:
Interest rate nominal = 5%
3% inflation rate
The following formula must be used to determine the real interest rate:
Nominal interest rate minus inflation equals real interest rate.
0.05 to 0.03 percent real interest rate
Real interest rate = 0.02 and equals 2%
The amount a lender charges a borrower is called an interest rate, and it is expressed as a percentage of the principal, or the loaned amount. Typically, a loan's interest rate is expressed as an annual percentage rate, or APR (APR).
A savings account or certificate of deposit earnings at a bank or credit union may also be subject to an interest rate (CD). The interest received on these deposit accounts is measured in annual percentage yields (APY).
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a court declares jimi to be mentally incompetent and appoints krispin to be his guardian. later, without krispin's knowledge, jimi signs a contract to sell his lake cabin to lazar for its real market value. the contract is
Jimi signs a contract to sell his lake cabin to lazar for its real market value. the contract is void.
What is meant by void contract ?
A formal contract that is effectively invalid and unenforceable from the moment it is established is known as a void contract.
Although both contracts may be voided for related reasons, a void contract varies from a voidable one.
If a contract cannot be enforced as written, it may be ruled invalid.
Invalid contracts can arise when one of the parties is unable to completely understand the ramifications of the agreement. For example, a person who is mentally ill or intoxicated may not be sufficiently sober to comprehend the terms of the agreement, making it void.
Agreements made by minors or for illicit purposes may likewise be declared void.
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Allison is facing challenges because of changes to the toy product lines and quality goals. Which category of pressure for organization change is she contending with? choose the correct answer.
The category of pressure Allison is contending with in the case above is competition.
In business, competition is the way in which a company or organization compete against another company or organization. It can also be defined as when a company contend with other global competitors by wanting to create unique products.
There are several types of competition in business:
Direct competition: competitors are in the same line of business.Indirect competition: competitors offer same products but have different marketing and business strategy and goals.Replacement competotion: competitors use the same resources but offer different products.Learn more about competition at https://brainly.com/question/24625436
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which of the programmed conflict techniques assigns someone in an organization or group to identify potential issues or challenges with a proposed process?
Devils Advocacy assigns someone in an organization or group to identify potential issues or challenges with a proposed process.
What is Devils Advocacy?When someone engages in "devil's advocate" behaviour, they are promoting a viewpoint that is in opposition to what they actually believe. The idea is to show how the opposite side feels and, perhaps, to help someone else understand why and how that opponent might respond. when someone feigns opposition to a proposal that has broad support in a debate or argument in an effort to find errors or weaknesses. Using a devil's advocate to generate genuine opposition is not only a watered-down method. A devil's advocate might even produce the precise outcome they are trying to avoid. Even in studies where using a devil's advocate prompts more arguments, the new arguments typically favour the group's position.
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dan is a project manager and met with two of his team members, ethan and theresa, for an update on the installation of a bathroom remodel. ethan reported the ductwork for the heating system is in bad shape and has to be replaced. they can finish it and get the system up and running in time, but we will have to buy more supplies. based on the information ethan provided about the progress of the project, dan was notified of a change that could negatively impact the . a.) project schedule b.) project scope c.) project budget d.) project deliverables
Based on the information provided about the progress of the project and being notified of any changes that could have a negative impact on the project budget.
The budget is a plan that is systematically arranged in the form of numbers and is expressed in monetary units which includes all activities in a company or organization for a certain period of time in the future. Because it is expressed in monetary units, the budget is also often referred to as a financial plan. A company or organization must have a budget, because it has an important role for monitoring the company's internal economic growth rate. Budgets are usually prepared at the beginning of the year for a period of one year or more.
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Answer: C - project budget
Explanation:
the expected costs to make replacements, alterations, or improvements to a building that materially prolong its life and increase its value is referred to as
The expected costs to make replacements, alterations, or improvements to a building that materially prolong its life and increase its value are referred to as capital expenditures.
Costs, in common utilization, are the financial fee of goods and offerings that producers and clients purchase. In a simple financial feel, the fee is the measure of the opportunity opportunities foregone inside the choice of one proper or activity over others.
In production, research, retail, and accounting, a fee is the fee of cash that has been used up to supply something or supply a service and for this reason, is not to be had to be used anymore. In a commercial enterprise, the cost may be one in all acquisitions, wherein case the amount of cash expended to accumulate its miles is counted as cost.
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in the management in action case, the potential bonus that arkansas authorities would provide medical workers during the pandemic is an example of a(n) reward
The possible bonus that Arkansas authorities might offer medical professionals during the epidemic is an example of an extrinsic incentive in the management in action instance. Thus, the right answer is Extrinsic.
What is Extrinsic?Extrinsic motivation is motivation fueled by external benefits. These might be material, like money or grades, or intangible, like acclaim or renown. Unlike intrinsic motivation, which comes from inside the individual, extrinsic motivation is only motivated by external incentives. Extrinsic motivation can be achieved through high salaries, periodic pay raises, promotions, and cash bonuses.
Extrinsic motivation may be classified into four types: external regulation, introjected regulation, identification, and integrated regulation.
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the parol evidence rule applies to agreements that are: multiple choice preliminary negotiations. not finalized. fully integrated. completed after a written contract.
The parol evidence rule is applicable to fully integrated agreements. It does not permit the parties to reach an oral agreement after entering into the written agreement.
Parol is a verbal term or word. Verbal evidence, such as a witness' testimony at a trial. Extraneous evidence, such as an oral agreement, or even a written agreement, that is not included in the relevant written instrument, is referred to as parol evidence in the context of contracts, deeds, wills, or other writings. The parol evidence rule is a principle that protects the integrity of written documents or agreements by barring parties from attempting to change the meaning of the document by using prior and contemporaneous oral or written declarations that are not referenced in the document. Contract terms are frequently presented, discussed, and negotiated before being incorporated in the final contract.
The parol evidence rule applies to integrated contracts and states that when parties put their agreement in writing.
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What is B + T + S ?Hints are that it is a famous k-pop boy band
Answer:
bts
Explanation:
bts
a pro forma balance sheet is used as . a.) a projection of the effects of a proposed transaction on assets, liability and equity b.) a projection of the effects of a proposed transaction on revenue and expenses c.) an accounting of the actual effects of a significant transaction on assets, liability and equity d.) an accounting of the actual effects of a significant transaction on revenue and expenses
A pro-forma stability sheet is a tabulation of future projections and are used to task how the enterprise will be managing it is assets in the future.
It outlines and summarizes the predicted future fame of a company after a deliberate transaction, primarily based on the modern economic statements.
Why is it referred to as a pro forma?Pro forma capability “for the sake of form” or “as a matter of form." When it appears in economic statements, it indicates that a technique of calculating monetary outcomes the use of sure projections or presumptions has been used.
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https://brainly.com/question/5099450#SPJ4jacqueline worked at the telephone-sales office. she called 15 people before someone purchased her product. then she called 10 people and the 10th bought what she was selling. when she started again, the fifth person she called bought it. what schedule is she working under thus far? (you need to give the schedule value too)
The schedule is she working under thus far is vr 10.
What is vr schedule?A schedule for reinforcement that rewards a behaviour after a random number of responses is known as a variable ratio schedule. High and consistent response rates are produced by this kind of schedule. The belief that the subsequent response might be the one required to receive reinforcement motivates organisms to respond repeatedly.
A review of your work by your employer: Does your boss visit your office a few times during the day to see how things are going? A schedule with variable intervals would look like this. You never know when these check-ins will take place because they happen at erratic times.
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which firm has highest bargaining power against buyers who buy products and either pay in cash or issue accounts payable?
Supplier negotiating power and the threat of new competitors have little effect on companies like JPMorgan. Payment services and peer-to-peer lending are two replacement goods that continue to pose a challenge to the financial sector.
Companies and their stocks goods can be analyzed in a variety of ways. The Porter's Five Forces Model, an approach that examines external variables inside a particular industry, is one way to achieve this. Continue reading to learn how JPMorgan Chase, one of the competitors financial firms in the world, is affected by these five influences. Payment services and peer-to-peer lending are two replacement goods that continue to pose a challenge to the financial sector.
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which of the following statements is true about foreign bonds? a. the interest rate on foreign bonds is adjusted annually for exchange rate fluctuations. b. the term eurodebt specifically applies to any foreign bonds denominated in u.s. dollars. c. the interest rate on foreign bonds is adjusted annually for inflation. d. foreign bonds are bonds sold in a foreign country and are denominated in the currency of the country in which the issue is sold. e. foreign bonds are bonds sold by a foreign borrower but convertible to bonds issued in the foreign country.
The interest rate on foreign bonds are adjusted annually for inflation.
Foreign bonds are sold in a foreign country and denominated in the currency of the country in which it is sold.
Foreign bonds are sold by a foreign borrower but convertible to bonds issued in the foreign country.
What is a foreign bond in finance?
Foreign bond denominated in the local currency of the country where the bond is issued, issued by a foreign borrower, and registered for sale to investors in the country where it is issued.
What is a foreign bond example?
Examples of foreign bonds are:
Yankee bonds traded in the United States.Bulldog bonds traded in the United Kingdom.Samurai bonds traded in Japan.Matador bonds traded in Spain.Learn more about foreign bond here:- https://brainly.com/question/26271508
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charisma, inc., has debt outstanding with a face value of $5.1 million. the value of the firm if it were entirely financed by equity would be $22 million. the company also has 370,000 shares of stock outstanding that sell at a price of $47 per share. the corporate tax rate is 21 percent. what is the decrease in the value of the company due to expected bankruptcy costs? (do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.)
The decrease in the company value due to expected bankruptcy costs is $581,000
Debt outstanding = $5.1 million
Value of equity = $22 million
Stock outstanding = 370,000 shares
Selling price per share = $47
Corporate tax = 21%
Calculating the value of the levered firm -
= Value of equity + Value of debt × Tax rate
= 22,000,000 + (5,100,000 × 0.21)
= 22,000,000 + 1,071,000
= 23,071,000
Calculating the total market value of the firm:
= Market value of debt + Stock outstanding × Share selling price
= 5,100,000 + (37000 × 47)
= 5,100,000 + 17,390,000
= 22,490,000
In this case, one would anticipate that the value of the leveraged firm and the overall market value of the firm would be equal. However, bankruptcy costs fall under non-marketed claims.
Calculating bankruptcy
= Value of the levered firm - Total market value of the firm
= 23,071,000 - 22,490,000
= 581,000
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as a marketing manager of kids care, a manufacturer of baby soaps, mateo plans to analyze customer attitudes by using the focus group research approach. how might he conduct the research in this case?
Student answers vary. Eight new moms were selected to represent the users to be reached. Also, appoint an experienced facilitator to ensure everyone is on board and the conversation is on track. Discussions will be recorded for further consideration.
What does "case study" actually mean?A case study is a type of research methodology that brings a complex problem to a comprehensive and comprehensive understanding in its real context. It is a well-known research technique that is widely used in many different fields, especially in the social sciences.
Case studies, for example, include analysis of small data sets from, say, one or two organizations. This may allow researchers to identify important industry trends. For example, the Mitsubishi Motors Group case study can be used to draw conclusions about other automobile companies.
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