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Bob, a merchant seller, had contracted with Acme U.S., to buy welding equipment. The contract stipulated that Bob would pick up the equipment from the Acme U.S. warehouse on the 14th day from the date of the contract. But Bob could not make the pick up on that date and before he could do so on the 15th day, the warehouse was burned down by juvenile delinquents. In this situation, who bears the risk of loss of the goods that were to be received by Bob? Explain the relationship between the parties under the Uniform Commercial Code in your answer.
Acme Corporation is planning shortening its credit terms from the current net 45 days to net 30 days. If this policy is adopted it is believed that average collection period will move from the current 52 days to 36 days
Objective type questions on Financial strategies and is it true or false that Corporate shareholders are exposed to unlimited liability
Backwards has $305 million of debt outstanding at an interest rate of 9 percent and $818 million of equity (market value) outstanding. What is the expected return on the equity with this capital structure?
If I want to accumulate $15,000 in 6 years by making equal end-of-year deposits into an account paying 7% interest, how large should those deposits be?
Ezzell Company issued preferred stock with a stated dividend of 10% of par. Preferred stock of this type currently yields 8 percent, and the par value is $100. Suppose dividends are paid annually.
What is meant by an indexing portfolio strategy and what is the justification for this strategy? How might it differ from another passive portfolio?
what is the intrinsic value of the option? As the expiration date approaches, what will happen to the size of the time value of the option?
This will increase the average wait time to 3.4 minutes for the remaining 4 lines. How would this change the average amount of time? Please show work for both answers.
What positive benefits could follow from a company's willingness to tolerate employee questions and criticisms about its actions and policies? How might a company best promote constructive discussion of these issues, especially as they relate to e..
Make the calculations necessary to arrive at the correct figures for total contribution margin, contribution margin per unit, the contribution margin ration, and profit (or loss) with calculations.
The XYZ Electric Corporation has analyzed sales projections for the coming year based on projected weather for the summer. XYZ believes that revenue will be $22,000,000 if the summer is unseasonably cool.
Prepare a balance sheet and income statement . Inventory $ 6500 Cash 16550 Accounts Rec 9600 Buildings & Equip. 122,000 accumulated deprec. (34,000) Common stock $45,000 Short-term notes 600 Accounts payable 4,800 Long-term debt 55,000 retained ea..
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