Does Hilary have to pay Bill the extra

Assignment Help Accounting Basics
Reference no: EM133030256

Question - In January, Hilary engaged a student, Bill, to serve drinks at a function she was holding. On the morning of the function, Bill told Hilary that he would not be able to attend as he had to meet Monica. He quickly changed his mind when Hilary promised him an extra $50. On the basis of that promise, Bill attended the function. Does Hilary have to pay Bill the extra $50? Yes/No? Explain.

Reference no: EM133030256

Questions Cloud

Determine the payback period : Management of Red Hot Choice Ltd is considering the following investment project: Capital Outlay $100,000. Determine the payback period
How competencies affect the business : Using Ven Diagram, provide comparisons and differences between local internal OD Practitioner and external OD Practitioner and international internal OD Practit
Describe successful boycott organized by the union : Research an article (and attach to your initial post) from a reputable periodical ( e.g. NY Times, Washington Post, Forbes, Atlantic Monthly or a professional j
Assignment-hrm 480 performance management : 1. "It is a lot harder downsizing unionized employees." Do you agree with this statement? Discuss some of the challenges associated with downsizing in a union e
Does Hilary have to pay Bill the extra : In January, Hilary engaged a student, Bill, to serve drinks at a function she was holding. Does Hilary have to pay Bill the extra $50? Yes/No? Explain
Elements of the recruitment and selection plan : Elements of the recruitment and selection plan that your organization uses (Recruitment and Selection in Canada, Seventh Edition Notebook 1.1.).
Show the effect of each event on the elements : Grover Inc. uses the allowance method to account for uncollectible accounts expense. Show the effect of each event on the elements
Enhance the success of mergers and acquisitions : 1 In the face of growing optimism as the pandemic uncertainties are slowly lifting, many global business leaders look at recalibrating growth strategy through m
What is one share of this stock worth to you : Beginning 5 years from now, the dividend is expected to increase by 4.0 percent annually. What is one share of this stock worth to you

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd