Silicon chips to beta e-products corporation

Assignment Help Financial Management
Reference no: EM131359014

Alpha Electronic Components, Inc., ships 100,000 silicon chips to Beta E-Products Corporation. The chips arrive a week early, on a Friday that is extremely busy on Beta’s receiving dock. Beta’s dockworkers check the bill of lading against the quantity marked on the boxes, but do not examine the chips. The chips are then put in the back of the warehouse until needed in the plant. The next week, when the chips are sent to the plant and unpacked, Beta’s plant manager discovers that the quality is less than that stated in the parties’ contract. Beta contacts Alpha to inform it of the defect. Does Beta have any remedies? If so, what are they? If not, why not?

Reference no: EM131359014

Questions Cloud

Against retail electronics for the cost of the goods : Quality Computer Company agrees to sell one hundred hard drives to Retail Electronics, Inc. The hard drives, which Retail Electronics expressly requires to have certain amounts of memory, are to be shipped “F.O.B. A few hours later, the drives are de..
Shares of common stock outstanding : Sports Corp has 10.4 million shares of common stock outstanding, 5.4 million shares of preferred stock outstanding, and 1.4 million bonds. If the common shares are selling for $25.4 per share, the preferred share are selling for $12.9 per share, and ..
Opportunities presented by internal operating structure : For pharmaceutical companies such as CVS Health Corp. and McKesson pharmaceutical ...(please answer question 1-5 below). Analyze opportunities presented by internal operating structure while creating innovative methods of achieving and maintaining fi..
Can quality transfer this right to rapid without pam consent : Pam borrows $5,000 from Quality Auto Sales to buy a car. When Pam does not pay the loan or return the car, Quality wants to transfers the right to the payment to Rapid Collection Agency. Rapid agrees to pay Quality for this right, but for a price tha..
Silicon chips to beta e-products corporation : Alpha Electronic Components, Inc., ships 100,000 silicon chips to Beta E-Products Corporation. The chips arrive a week early, on a Friday that is extremely busy on Beta’s receiving dock. Beta’s dockworkers check the bill of lading against the quantit..
Earnings growth comes from investment of retained earnings : Halliford Corporation expects to have earnings this coming year of $3.29 per share. Halliford plans to retain all of its earnings for the next two years. For the subsequent two? years, the firm will retain 52% of its earnings. Assume? Halliford's sha..
Midstates utility corporation contracts with northern energy : Midstates Utility Corporation contracts with Northern Energy Company to buy 50,000 gallons of heating oil. Northern agrees to deliver the oil in five equal installments between October 1 and the following March 15. When Northern tenders the rest of t..
Wheeler claimed jennings had breached their contract : On September 1, Jennings, a used-car dealer, wrote a letter to Wheeler, stating, “I have a 1955 Thunderbird convertible in mint condition that I will sell you for $13,500 at any time before October 9. On September 29, Wheeler accepted Jennings’s offe..
Fresher foods sued vernon for damages : Fresher Foods, Inc., orally agreed to purchase one thousand bushels of corn for $1.25 per bushel from Dale Vernon, a farmer. Fresher Foods paid $125 down and agreed to pay the remainder of the purchase price on delivery, which was scheduled for one w..

Reviews

Write a Review

Financial Management Questions & Answers

  Considering purchasing security system costing

PHP inc. is considering purchasing a security system costing $642,000. The equipment will be depreciated as 5-year property under MACRS, which provides for depreciation allowance percentages of 20%, 32%, 19.20%, 11.52%, 11.52%, and 5.76% respectively..

  No debt but can borrow-tax rate

Chandeliers Corp. has no debt but can borrow at 6.4 percent. The firm’s WACC is currently 8.2 percent, and the tax rate is 35 percent. If the firm converts to 35 percent debt, what is the company’s WACC? If the firm converts to 50 percent debt, what ..

  Your company is thinking about acquiring another

your company is thinking about acquiring another corporation. you have two choicesmdashthe cost of each choice is

  What is the standard deviation of the stock returns

You find a certain stock that had returns of 12 percent, −19 percent, 25 percent, and 13 percent for four of the last five years. The average return of the stock over this period was 10.2 percent. What was the stock’s return for the missing year? Wha..

  Intrinsic value of stock is greater than market value

If the intrinsic value of a stock is greater than its market value, then

  Main types of mortgages issued by financial institutions

What are the main types of mortgages issued by financial institutions and what is the purpose the mortgage amortization schedule for investor? Who are the major stock market participants?

  What is the loans effective annual rate

You are looking to buy a car. You can afford $540 in monthly payments for four years. In addition to the loan, you can make a $1,900 down payment. If interest rates are 9.25 percent APR, what price of car can you afford? A loan is offered with monthl..

  Calculate the equivalent annual operating cost of machine

The operating cost of a new machine is $500 for the first year. Starting the second year, the operating cost increases by $200 per year for the next 10 years. Calculate the equivalent annual operating cost of the machine. What will be the present and..

  Stock in an account with only the initial margin

If you shorted this stock in an account with only the initial margin, how much could the stock rise before you got a margin call? Assume the maintenance margin is 30%. Describe why you selected the stock for writing call options on and how this trans..

  Raise some funds to pay for new equipment

The Flat Corporation needs to raise some funds to pay for new equipment. They issue $600,000 worth of 12-year bonds with semi-annual coupons at r(2)=10%. At the time of issue, interest rate in the market place are i(2)=9%. How much money did they rai..

  Which makes the probability of choosing the gag prize

John is watching an old game show rerun on television called Let’s Make a Deal in which the contestant chooses a prize behind one of two curtains. which makes the probability of choosing the gag prize equal to 75 percent.

  Black-scholes option pricing model-what is value of option

Lissa Co.'s stock price is currently $30.25. A 6-month call option on Lissa.'s stock has a strike price of $25 and has an expected volatility of 40% (i.e., expected standard deviation = 40%). The risk-free rate is 6%. According to the Black-Scholes o..

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