Knowledgeable regarding computers

Assignment Help Financial Management
Reference no: EM13928146

Ahmed, who is very knowledgeable regarding computers, agrees to purchase computers for Khaled's business. Ahmed is retained at Khaled’s business for that purpose only, he is paid a set rate for the job, and Khaled exercised no control over the manner in which Ahmed did his work. Ahmed purchased computers from HP Computers’ company without any mention of Khaled. The computers worked well and were not defective in any way. Unfortunately, Khaled did not pay HP Computers on a timely basis. Ahmed, therefore, paid HP Computers out of his own pocket because he wanted to be able to do business with HP in the future and also because his name was on the invoice. Ahmed asked Khaled for reimbursement, but Khaled refused, claiming that if Ahmed had only waited, HP Computer might have agreed to take less. 1- Explain Ahmed’s status in regards to his employment with Khaled? 2- Does Ahmed have the right of reimbursement from Khaled? 3- Did Ahmed have any legal liability to HP Computers? Why? 4- At the same scenario, assume that Ahmed was an employee at Khaled’s company. What type of principal Khaled could be?

Reference no: EM13928146

Questions Cloud

Explain deterioration in working conditions : To what extent can individual business decisions (as opposed to economic forces) explain deterioration in working conditions for many workers?
Why are the variables used in the model : What variables are used? Why are the variables used in the model?, Consider relation among measurable variables, what is the impact of an independent variable X on a dependent variable Y, what are some additional independent variable that could in..
About the security produced returns : A security produced returns of 13 percent, 18 percent, 9 percent, 23 percent, and -17 percent over the past five years, respectively. Based on these five years, what is the probability that this stock will earn more than 24.76 percent in any one give..
Calculate the amount of lime and soda require for softening : Water contains following impurities in ppm: Ca(HCO3)2 = 75 ppm, Mg(HCO3)2 = 73ppm, CaCl2 = 95 ppm, MgSO4 = 30 ppm, CO2 = 20. Calculate the amount of lime (85%pure) and Soda (95% pure) require for softening of 2,50,000 litres of water using sodiumalum..
Knowledgeable regarding computers : Ahmed, who is very knowledgeable regarding computers, agrees to purchase computers for Khaled's business. Ahmed is retained at Khaled’s business for that purpose only, he is paid a set rate for the job, and Khaled exercised no control over the manner..
What is probability that project will have a negative npv : The most pessimistic estimate represents a value that the project's NPV is not expected to fall below more than 10 percent of the time. What is the probability that this project will have a negative NPV?
What will value of the firm be company takes on debt value : Letang Corporation expects an EBIT of $22,500 every year forever. The company currently has no debt, and its cost of equity is 13.5 percent. The company can borrow at 9 percent and the corporate tax rate is 38. What is the current value of the compan..
Knox manufacturing company cost of goods : Knox Manufacturing Company reported the following year-end information: beginning work in process inventory, $270,000; cost of goods manufactured, $1,074,000; beginning finished goods inventory, $380,000; ending work in process inventory, $330,000..
What is the probability that the person is a man : Given that the advertising made a person more likely to try the product, what is the probability that the person is a man (show your work)?

Reviews

Write a Review

Financial Management Questions & Answers

  What is the estimated value per share of boehms stock

Boehm Incorporated is expected to pay a $3.80 per share dividend at the end of this year (i.e., D1 = $3.80). The dividend is expected to grow at a constant rate of 9% a year. The required rate of return on the stock, rs, is 19%. What is the estimated..

  What is the profitability index of the project

Conch Republic Electronics is a midsized electronics manufacturer located in Key West, Florida. The company president is Shelly Couts, who inherited the company. The company originally repaired radios and other household appliances when it was founde..

  Why might wendys boss prefer straight-line depreciation

Wendy's boss wants to use straight-line depreciation for the new expansion project because he said it would give higher net income in earlier years and give him a larger bonus. The project will last 4 years and requires 1, 700,00 of equipment. What w..

  Maturity annualized spot rates

Consider the following annualized spot rates: Maturity Annualized Spot Rates. Based on this information calculate the implied six-month forward rate one-and-a-half years from now.

  Firms estimated intrinsic value per share of common stock

You must estimate the intrinsic value of Noe Technologies stock. The end-of-year free cash flow (FCF1) is expected to be $24.00 million, and it is expected to grow at a constant rate of 7.0% a year thereafter. The company’s WACC is 10.0%, it has $125..

  What is the amount of the monthly payments

A commercial bank will loan you $30314 for 8 years to buy a car. The loan must be repaid in equal monthly payments at the end of the month. The annual interest rate on the is 19.65 percnt of the unpaid balance. What is the amount of the monthly payme..

  What growth rate is expected for the companys stock price

The stock price of Webber Co. is $68. Investors require an 11 percent rate of return on similar stocks. If the company plans to pay a dividend of $3.85 next year, what growth rate is expected for the company’s stock price?

  Firms weighted average cost of capital

Williamson, Inc., has a debt–equity ratio of 2.5. The firm’s weighted average cost of capital is 10 percent, and its pretax cost of debt is 6 percent. Williamson is subject to a corporate tax rate of 35 percent.

  Hauling coal has estimated net cost

A truck for hauling coal has estimated net cost of $55,000 and expected to give service life of 250,000 miles with salvage value of $5,000. Compute the allowed depreciation amount for truck usage of 30,000 miles.

  Triumph company has total assets worth 6413228 next year it

1.planning models that are more sophisticated than the percent of sales method have2.firms that achieve higher growth

  After tax cost of capital to walgreen for bonds

The Walgreen Corporation is contemplating a new investment that it plans to finance using one-third debt. The firm can sell new $1000 par value bonds with a 15 year maturity at a price of $950 that carries a coupon interest rate of 12.9 percent that ..

  What are the principal benefits to bmw bank

What are the principal benefits to BMW Bank of becoming aligned with BMW North America, its parent company? Describe how the bank will take advantage of the parent company's business activity.

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